The Setup #010
Back again. One real company, no name, you crack it in the comments.
The clues:
1. Its factories look more like breweries than pharma plants. It grows trillions of tiny living organisms in steel tanks and coaxes them into producing medicine, including the drugs that stop a transplanted organ from being rejected.
2. Almost nobody can copy this. Chemistry you can reverse engineer. Growing living things to make a precise drug at a regulator's standard, you mostly cannot. Most of the world buys this stuff from China. This is one of the few Indian firms that can make it.
3. The number for the sharp eyed: for every ₹100 of product it sells, about ₹79 is gross profit. It is debt free, sits on a pile of cash, and earns roughly 25% on its capital.
4. The catch: it is not cheap, its margins recently slipped from their old highs, and it leans on just a handful of key molecules. Fun fact, one of its early backers was India's most famous investor, now no longer with us.
The rules: guess in the comments. A random correct answer wins!
Reveal and winner in 24 hours. One guess each. Go