CDMO & CRO companies will become $10-15-20 Bn & create wealth for investors

Vikas Khemani says CDMO & CRO are big themes due to the Biosecure Act which will shift work from China to India. Many $10-15-20 Bn Cos will getting created over the next 5, 10, 15 years. Once it comes, it is sticky & it stays for a very long period of time.

Top CDMO Cos are Divis, Laurus, Piramal, Syngene, Strides, Shilpa etc. Strides has set up a new entity called ‘OneSource’ to focus on CDMO. Biosecure Act prohibits funding for China facilities. Indian CDMOs are well-positioned due to cost effectiveness & highly skilled workforce