Jubilant Pharmova Analyst Meet Update: Near Term Growth Prospects Strained: Nirmal Bang
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Nirmal Bang Report
Jubilant Pharmova Ltd. had organized an analyst day to detail its business plan for all the segments it operates in - contract development and manufacturing, radiopharma, allergy immunotherapy, drug discovery, contract research, active pharmaceutical ingredient and solid dosage formulations.
The company discussed about growth opportunities in each of these verticals and how it intends to invest to capture the same.
The message is clear from the management that CDMO, contract research and drug discovery segment is witnessing tailwinds and the company is investing in this segment to capitalise on the same.
For other segments, it is investing on long-term initiatives, which should take time to reflect in its financials.
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