4 largest buyers account for almost 90% of all purchases of generic drugs in America.
The below investor presentation, from Lupin, gives a decent overview about about India pharma.
India’s drug exports continue to fall in July 2017. Imports decline by 11.6%
Investors are worried about US drug prices coming down in the USA for a long time. However, this is not new in the USA. The story played out similarly in 1990.
Read page 3 to 5. http://choufunds.com/pdf/SEMI-AR%202017%20vF%20(with%20cover).pdf
Do we have any thread for Naxpar/Parnax Lab ?
Today Lupin Discovery R&D in Pune lay offed its staff (~90 Scientist)