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Aurobindo Pharma to supply European market from new China facility, despite recent profit drop.
Aurobindo Pharma, an Indian drug manufacturer, plans to supply products from its new China facility to Europe starting in April.
The company began operations at the facility in November 2024 and has received European regulatory approvals.
Aurobindo expects strong market performance over the next few years, especially in its biologics segment, with seven products projected to be commercialized by 2028-30.
Despite a 10% drop in net profit, the company reported increased revenue for the quarter ending December 31, 2024.
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Aurobindo Pharma abastecerá el mercado europeo desde una nueva instalación china, a pesar de la reciente caída de beneficios.