New launches, market share gains to sustain Gland Pharma's sales trajectory

The Gland Pharma stock has gained over 13 per cent since the beginning of February on strong December quarter (Q3) results and robust growth expectations. The company, which registered 27 per cent compound annual growth rate over FY18-20, is banking on existing products, new launches, and acquisitions to sustain growth momentum. The management, according to analysts at IIFL Resear­ch, expects volume growth of 10-12 per cent in the base portfolio, driven by market share gains as the company gets incremental business from new players that enter the US generic injectables market.&nbs.....

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