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Deal● Neutral for Indian equities
Big Pharma turns to China for new drugs as patent cliff drives multibillion-dollar deals
The brief
- Western biopharma companies are increasingly turning to China to source drug innovation
- The shift comes as pharma's patent cliff draws closer
- Hospital stocks: can strong demand offset regulatory risks?
- SEBI clears Carlsberg India, TMC Transformers, Ujin Pharma and Matangi Rubber IPOs
- Why the stock market fell for 8th straight week, its longest losing streak in 25 years
- Hospital stocks extend losses as drug-pricing regulation concerns linger; Apollo, Max among top Nifty losers
- Hospital stocks sell-off a buying opportunity or a risk? Here is what analysts advice