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Aurobindo Pharma expects its new $145 million China facility to break even by the third quarter of 2025.
Aurobindo Pharma, an Indian pharmaceutical company, anticipates its new China facility will break even by the third quarter of this year.
The $145 million facility began operations in November 2024.
Despite a 10% drop in net profit due to decreased sales in the US and API business, the company's revenue increased.
Aurobindo also plans to file over 20 new products in the US and Europe.
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Aurobindo Pharma espera que su nueva instalación china de $ 145 millones alcance el punto de equilibrio para el tercer trimestre de 2025.