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Sharvil Patel, managing director of Zydus Lifesciences said, half of the research and development (R&D) allocation is geared towards developing new chemical entities (NCEs), biologics and differentiated products. On average, Zydus spends about 8% of its revenue on R&D, which is higher than the industry average of 6%.
Aluminum prices continued to trace a mostly sideways pattern in August. Meanwhile, Hydro plans to embrace low carbon initiatives.
Hydro Extrusions North America invests in lower-carbon aluminum production, betting on its market potential despite flat aluminum prices and potential cost challenges.
Microsoft is leading the pack in the AI race. But how long can it stay ahead of the competition?
With the popularity of generative AI, Amazon doesn't want to miss out the moment to build apps that can help enhance customers' experience.