Wednesday, 11 May 2022

Cipla looks to invest more in mRNA tech; holds discussions with firms

 Speaking to Business Standard, Samina Hamied, executive vice chairperson, Cipla, says one must invest in research and development (R&D) to feed the commercial growth engines

After taking the lead in having a strong Covid-19 portfolio during the pandemic, Cipla is now gearing up for the next stage of growth in terms of innovation and expanding its presence in newer domains. The Mumbai-based firm has held discussions with mRNA technology companies over the last eight months as it looks to invest in a few of them. “We have been talking to mRNA technology owners in the past eight months. We are at a stage when we might invest in a few mRNA companies. The best way is to invest in such technology companies and then grow them in-house,” said Umang …

No comments:

14th BRICS summit to review current global issues, reach key agreements

  At the   14th BRICS summit   which is to be hosted by China in a virtual mode on 23-24 June, the member nations will review the current gl...