๐งช Syngene Intl Ltd.
A Contract Research Organisation
Incorporated as a subsidiary of Biocon in 1993.
Overview: ๐
๐๐ผ 360+ active client
๐๐ผ 400+ patents held with clients
๐๐ผ 4200+ scientists team (460 PhDs) ๐จ๐ปโ๐ฌ๐ฉ๐ปโ๐ฌ
๐๐ผ 90% employees 25-40 yr age
๐๐ผ 1.9 Mn sq ft world class infra
What they do:๐ด๏ธ
All large pharma companies who provide us with the multi colored medicines ๐need a lot of work to be done before they bring their product out in market after crossing all research and regulatory hurdles.
This is where Syngene โจ comes into the picture. Its providing the research infrastructure to these big giants of medicine world.
Whats interesting ๐ฒ is that the company is trasforming. How??? By not just giving research infra but also doing development and manufacturing ๐งฌgoing forward. ๐
So from being a CRO (CONTRACT RESEARCH ORGANISATION) they are coming up as a CRAMS (CONTRACT RESEARCH AND MANUFACTURING SERVICE) player. ๐ช๐ผ
What I feel: ๐ค๐
Remember the times these big IT giants ๐จ๐ปโ๐ป like Infosys and TCS were becoming these giants. I feel CDMO (CONTRACT DEVELOPMENT AND MANUFACTURING ORGANISATION) and CRAMS (CONTRACT RESEARCH AND MANUFACTURING SERVICE) players are at a similar juncture.
They are strategically poised to make best use of anti China ๐จ๐ณ sentiment and cheap qualified work force India can provide to get the switch done. Trust in India's brains ๐ง and ethical work culture will be another feather in Indian player's cap. ๐ฎ๐ณ
So potential is big. All ingredients are there. Lets see how this recipe tastes. ๐ฅ๐๐ผ