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#AlembicPharma Good potential. 2500 Cr Capex till 2021 ongoing. Entered in high margin injectable business. Capex on Oncology injectable facility ongoing. Injectables have more stringent FDA requirements than oral dosages. Hence less competitive.
RnD expenditure is an important parameter for identifying the future potential for a pharma company. 650 Cr spent in 2020. This should reflect in earnings in the coming years. The stock price might discount this before 2021.
New Drug Discovery unit:
Rhizen pharma situated in Switzerland seems to have a strong pipeline in Oncology and immunology. This is the NCE space where very few Indian companies are investing.

rhizen.com/otxpipleine.ht…
Latest investor presentation shows US sales rising

D: Invested.

alembicpharmaceuticals.com/wp-content/upl…
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