Moody's: Indian pharmaceutical companies' financial profiles stronger than global peers, but challenges on the rise
Singapore, November 25, 2016-- Moody's Investors Service says that Indian pharmaceutical companies, despite their smaller size, exhibit strong business profiles when compared to some of their global peers, underpinned by their good product and geographic diversity. "When compared with their global counterparts, Indian pharmaceutical companies have stronger financial profiles with low leverage and high coverage metrics," says Kaustubh Chaubal, a Moody's Vice President and...
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