In India we all are seeing the surge in Covid 19 cases as 2nd wave has arrived and need for Oxygen Cylinders and Remdesiver is increasing day by day for treatment of patients. There are almost 5 listed companies manufacturing remdesivir in India 2021.
As the there is more demand for Remdesivir injection we can see this stocks adding some revenue to their portfolio through this.
In the recent times this 5 listed companies manufacturing remdesivir locally has decreased the price of medicine to Rs 899-3,490 per 100ml vial from Rs 2,800-5,400 earlier depending upon the brand.
Listed companies manufacturing remdesivir in India 2021
Cadila Healthcare is producing remdesivir from 2020 and now due to shortage in production they have doubled there manufacturing capacity. ZyCOV-D – Zydus Cadila’s covid 19 vaccine is also in trial as soon as they get approval there revenues can see the spike due to the covid portfolio. Remdsiver Zydus Cadila price is upto Rs. 899.
Jubliant pharma subsidiary Jubliant Pharmova has developed oral version of Coronavirus medicine remdesivir. As soon as they announced this on monday share price rised upto 10%. This innovative way of consuming remdesivir can solve the capacity constraints as the injection formula was time consuming.
Remedesivir manufacturing company Cipla is looking attractive in this situation as there is a gap in demand and supply for the Remedesivir medicine and also they have market share of 50% in Remedesivir Production. To overcome the shortage of medicine they have doubled the production of Remdesivir.
Dr Reddy’s Laboratories
Dr Reddy is manufacturing remdesiver as well as Sputnik V for Covid infected patients. They have increased there production and also rates are slashed down as per the reports. Dr Reddy is consistent performer in terms of ROE and can be good bet for this one.
They have signed volunteering agreement with Gilead for the production of Remedesiver medicine. This is great chance for company to boost there earnings and increase ROE as its quite low.
These are the other stocks you keep watch in Covid pandemic.
Remdesivir company share price
Here is the list of companies manufacturing remdesivir in India 2021 along with company share price
|Remdisiver manufacturing company||Share price (in Rs.)|
|Dr Reddy’s Laboratories||5075|
Frequently Asked Questions on Remdesivir stocks
Which are Remdesivir manufacturing companies to invest in India?
Cadila Healthcare, Jubilant Pharma, Cipla, Dr Reddy’s Labratories and Syngene International are the best Remdesivir manufacturing companies to invest in India.
Should I invest in Remdesivir manufacturing companies?
Theres no doubt that you will be getting benefit if you invest in company that manufactures remdesivir. But you also need to check other parameters before investing like companies plans about distribution and how is company performing from last few years.
Best Remdesivir manufacturing companies to invest in India?
Cadila Healthcare, Cipla, and Dr Reddy’s Labratories are the best Remdesivir manufacturing companies to invest in India.