7 months ago

Sigachi Develops New Cystic Fibrosis APIs

Sigachi Develops New Cystic Fibrosis APIs
Small-cap pharma stock rebounds from today's low after this API update worth ₹250 crore · livemint.com

Sigachi Industries, a pharmaceutical company, has created a new mix of medicines called APIs for treating Cystic Fibrosis.

This mix includes three special ingredients: Vanzacaftor, Tezacaftor, and Deutivacaftor.

The company thinks this new mix could make them around ₹250 crore every year starting from the fourth quarter of 2026-27.

This is a big deal because the global market for Cystic Fibrosis treatments is expected to grow a lot.

The company's stock price went up a bit after this news, but some experts think it might still have a hard time.

The company is also working on other important medicines and plans to keep growing.

Key facts

Company
Sigachi Industries
API Combination
Vanzacaftor, Tezacaftor, Deutivacaftor
Revenue Potential
₹250 crore per year
Market Projection
Global CF therapeutics market to surpass USD 10 billion
Patent Protection
Vanzacaftor patent extends until 2039
Stock Performance
Opened at ₹23.69, intraday low ₹23.46, high ₹24.53
Analyst View
Stock likely to remain under pressure, next support at ₹21

Quotes

Lijo Chacko

Deputy Group CEO, Sigachi Industries

“This milestone reflects Sigachi’s focused strategy of building depth in complex and differentiated APIs with long-term growth visibility. Our continued investments in R&D and partnerships are aimed at strengthening our position in high-entry-barrier specialty segments and creating sustainable value for stakeholders.”
thehindubusinessline.com

Sources

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