Sotac Pharmaceuticals IPO - Apply or avoid? | Sotac Pharmaceutical IPO Detailed analysis |
Gujarat-Based Pharmaceutical Company, Sotac Pharmaceuticals Limited
Incorporated in 2015, Part of the SOTAC group, Manufacturing pharmaceutical products for the different marketers and serving over 162 corporate clients
India is a major exporter of Pharmaceuticals, with over 200+ countries served by Indian pharma exports.
India supplies over 50% of Africa’s requirement for generics, ~40% of generic demand in the US and ~25% of all medicine in the UK.
The pharmaceutical industry in India is currently valued at $50 Bn.
The pharmaceutical industry in India is expected to reach $65 Bn by 2024 and to $130 Bn by 2030.
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