RPG Life Sciences Expands API Business and Targets GLP-1 Market Entry
RPG Life Sciences bets big on API business, eyes GLP-1 entry by August-September
The Economic TimesImage: The Economic Times
RPG Life Sciences, led by managing director Ashok Nair, is enhancing its active pharmaceutical ingredients (APIs) business and plans to enter the GLP-1 weight-loss therapy market by August-September. The company aims for significant growth through acquisitions and focusing on niche, complex chemistries.
- 01RPG Life Sciences is focusing on expanding its active pharmaceutical ingredients (APIs) business.
- 02The company plans to enter the GLP-1 weight-loss therapy market by August-September.
- 03RPG Life Sciences reported a 144% year-on-year growth in its API business in the March quarter.
- 04The company is preparing for potential disruptions due to geopolitical uncertainties.
- 05RPG Life Sciences plans to launch generic semaglutide injectables as part of its GLP-1 entry.
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RPG Life Sciences is strategically enhancing its active pharmaceutical ingredients (APIs) business, with managing director Ashok Nair highlighting its potential as a key growth driver. The company is targeting entry into the GLP-1 (Glucagon-like peptide-1) weight-loss therapy market by August-September, while exploring acquisitions worth โน600โ1,000 crore to scale up operations. Following a challenging year, RPG Life Sciences reported a 144% year-on-year growth in its API business for the March quarter, recovering from disruptions caused by a fire at one of its plants. Nair emphasized the company's focus on niche, complex chemistries with lower competition, aiming to introduce five products annually over the next three years. Despite geopolitical tensions, the company has not faced significant operational disruptions and is actively managing supply chain and cost pressures. RPG Life Sciences is also expanding into cardiology and urology therapy areas, with domestic formulations outperforming the market. The board has recommended a final dividend of โน24 per equity share for 2025-26, subject to shareholder approval.
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The expansion of RPG Life Sciences into the GLP-1 market and its focus on niche APIs could lead to more job opportunities and innovative treatments in the pharmaceutical sector.
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