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Why Sun Pharma is shelling out USD576 million on a hair-loss drug to fire its specialty-drugs game

Sun Pharmaceutical Industries Ltd. corporate office in the Andheri suburb of Mumbai


The company’s biggest deal in specialty drugsgives it rights to the lead candidate deuruxolitinib, a drug that is being portrayed as a “potential best-in-class” treatment for alopecia areata, an autoimmune disorder that leads to hair loss. What are the factors that prompted Sun Pharma to go for this big bet?

Sun Pharmaceutical Industries is scaling new heights. After a setback in the US generic-drugs business, India’s largest drugmaker has gradually moved up the value chain and built a sizeable specialty-drugs business over the last few years. Dilip Shanghvi, founder and managing director of Sun Pharma, with his astute sense of business and passion for science, has dodged critics and patiently created a specialty-drugs portfolio through a string of

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