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As Shreehas Tambe, Chief Executive Officer and Managing Director of Biocon Biologics Limited, noted regarding demand and growth potential for GLP-1 therapies, There will be a requirement for significantly higher volumes and Biocons fermentation capability will give us a significant advantage. India leads with a CAGR of 8.4%, driven by a large diabetic population and increasing demand for effective treatments

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In B2B pharmaceutical sourcing, it is evaluated as a regulated raw material for permitted formulation development, analytical testing, quality control, and manufacturing-related use

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