| Generic API Business | Manufacture and supply of generic Active Pharmaceutical Ingredients across multiple therapeutic areas. | Regulatory certifications, integrated manufacturing, broad product portfolio, established global customer base. | B2B; pharmaceutical generics companies in regulated and emerging markets. | High-potency and oncology APIs. | 1600 | 67 | Sales from long-term contract manufacturing agreements and spot sales. | Contract and spot pricing based on volumes and regulatory approvals. | Increasing demand for generics in regulated markets, regulatory approvals, expanded manufacturing capacity. | Cardiovascular APIs, CNS APIs, Anti-Infective APIs, Diabetes APIs |
| Contract Development and Manufacturing Organization (CDMO) | Custom development and manufacture of APIs for pharmaceutical innovators and specialty pharma companies. | Advanced R&D capabilities, experienced technical teams, flexibility in custom manufacturing. | B2B; innovator pharma and specialty pharma companies globally. | Specialty and complex molecule synthesis. | 787 | 33 | Project-based contracts and milestone payments. | Milestone and volume-based contracts with long-term client relationships. | Ramp-up of new projects, high-value complex molecule manufacturing capabilities, strategic partnerships. | Custom synthesis services for pharma innovators |
