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Pharmaceutical Sector: A Change for the Better, 6 Small and Medium Pharma Companies with Growth Potential of Up to 32%

Posted on by darion

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While it didn’t make headlines, the pharmaceutical sector, commonly known as pharma, has been going through a rough patch due to the US FDA and other factors. It has seen a turnaround of sorts, which has been slow, but more and more companies are showing improvement in their performance. The sector is also quietly undergoing a reassessment process. First, the big players got the attention, followed by the small and mid-sized players. If we look at corporate announcements regarding drug approvals by the US FDA or other drug regulators or entering new markets, many of them come from mid-sized and small companies. Given the lesson that the Indian pharma industry has learnt from its reckless approach between 2005 and 2015, there is a strong possibility that the sector will gain attention.

Although ‘turn around’ is a general word, each sector has a different matrix when it comes to turnaround. Both how it evolves and how long it takes. From manufacturing to services, the cycle is different. In the case of manufacturing, where knowledge plays an important role, the turnaround time can be long but more sustainable. The Indian pharmaceutical sector has undergone significant changes over the last decade, which means

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