Piramal Life Sciences is investing INR 1 billion every year in R&D and will invest INR 2 billion in the next two year’s period, Piramal said.
Piramal Healthcare launches around 10-12 products every year.
“Last year we were company launching new products. We don’t do generics so we are looking at scientific products only where we have some innovation, which can sell as breakthrough products,” Piramal said.