Natco Pharma Ltd. – Investment Thesis

Natco Pharma is a mid size pharma company based in Hyderabad. Company pre dominantly operates its formulations business in India (34%) and US (47%), along with API sold to third parties (13%). Further in India, Natco has carved out a niche in 2 therapies – it is the largest oncology drugmaker domestically (sells ¬30 products …