Syngene focuses on capex amid Q3 biologics challenges
pre-market1 source ↓written by the desknot a recommendation
Syngene International faced a softer Q3 as a large biologics programme impacted revenue and margins. Despite these challenges, the company is committed to capital expenditure and expanding its facilities. Syngene has also extended its partnership with Bristol Myers Squibb until 2035, indicating a focus on long-term growth.
Not investment advice. For informational purposes only.