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Of course, there are some cynics who take a “show-me” attitude, and fortunately for those cynics, a catalyst-rich 2025 will provide no shortage of potential sparkplugs, including the release ...
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Laurus Labs entered the biotechnology sector in 2020, by acquiring the Indian biotech company, Richcore. [20] Post the acquisition, Richcore was renamed to Laurus Bio Pvt Ltd, and became a subsidiary of Laurus Labs. [20] As of 2022, Laurus Bio has put into operation a 180 kilolitre fermentation capacity in food proteins. [21] [22]
The pharmaceutical industry in India was valued at an estimated US$42 billion in 2021 and is estimated to reach $130 billion by 2030. [1] India is the world's largest provider of generic medicines by volume, with a 20% share of total global pharmaceutical exports.
[26] [27] Laurus Bio is a subsidiary of Laurus Labs and was originally an independent company named Richcore, before Laurus Labs acquired Richcore and renamed it. [ 28 ] [ 29 ] Laurus Bio, among other products and services, also offers CDMO services for microbial precision fermentation . [ 30 ]
The demand for environmentally sustainable and fire-resistant materials continues to expand across key sectors, fueling steady market growth. Over the forecast period of 2025-2034, the Aluminum Trihydrate market is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 5.5%, potentially reaching $2 billion by the end of 2034.
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