Ka-Ching: How global drug makers are riding on luck in their pursuit of blockbuster drugs, vaccines

Illustration by Sadhana Saxena via AI Synopsis The recent successes of leading pharmaceutical products show that drug companies have been plain lucky to hit the jackpot. While long-term strategies continue to be important, drug makers have often struck gold with pipeline compounds that they had once simply dumped. Does serendipity help pharmaceutical companies rake in

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We do a few things, but those few things must be the best in the world: Novo Nordisk’s top exec

Maziar Mike Doustdar, executive VP, Novo Nordisk; image credit: Company Synopsis Novo Nordisk, the most valuable pharmaceutical company in the world, turned 100 last year. While it is largely known for its insulins, its anti-obesity drugs are making waves of late. Maziar Mike Doustdar, executive vice-president, international operations at Novo Nordisk tells ET Prime the

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Piramal Pharma Stock: Piramal Pharma expects healthy growth in its key businesses. But does it cure the debt ailment?

Nandini Piramal, chairperson, Piramal Pharma; image courtesy of Piramal Pharma. Synopsis Piramal Pharma’s management is optimistic that with revenue growth and margin expansion, it will be able to trim debt over the next five years. But the capital-intensive nature of its main contract manufacturing business scaling remains a challenge. Will Piramal Pharma be able to

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