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Before discussing this company let us first understand the meaning and basic difference between some words which are often used interchangeably.
The need of such players arises as the R&D process to bring a product into market is expensive and time consuming.
On an average the R&D in pharma takes 14years with US$2.6Bn to bring a product to market with an overall success rate of ~4.1%
Even after investing substantial time and money, pharma companies are facing sustainability crisis due to dwindling ROI on R&D
Pharma companies invest around 15-20% of their revenues in R&D but in return the IIR < Cost of capital.
In 2020 it was expected to touch 0%
https://t.co/w1a9jNTpME
Syngene is a global CRAMS player providing end to end services in the entire value chain of forming a drug from a molecule.
It works with client around the world. Geography wise 76% revenue contribution is from US, followed by 12% from Europe.
The need of such players arises as the R&D process to bring a product into market is expensive and time consuming.
On an average the R&D in pharma takes 14years with US$2.6Bn to bring a product to market with an overall success rate of ~4.1%
Even after investing substantial time and money, pharma companies are facing sustainability crisis due to dwindling ROI on R&D
Pharma companies invest around 15-20% of their revenues in R&D but in return the IIR < Cost of capital.
In 2020 it was expected to touch 0%
https://t.co/w1a9jNTpME
Syngene is a global CRAMS player providing end to end services in the entire value chain of forming a drug from a molecule.
It works with client around the world. Geography wise 76% revenue contribution is from US, followed by 12% from Europe.