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Broker call▲ Bullish for Sun Pharma
Expanding innovative portfolio may drive gains for Sun Pharma stock
The brief
- Lerodalcibep licensing, US portfolio growth and tariff relief are cited as potential stock drivers
- A proposed Organon acquisition could broaden Sun Pharma’s global reach
- Potential growth and acquisition catalysts matter to Sun Pharma shareholders
Sun Pharma’s Lerodalcibep licensing
Sun Pharma secured rights to commercialise and manufacture Lerodalcibep worldwide, excluding the US and China; the once-monthly PCSK9 inhibitor treats adults. Analysts cited the licensing deal, US portfolio growth and tariff relief as potential stock drivers.
Tuesday, 29 September
- Expanding innovative portfolio may drive gains for Sun Pharma stock