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We expect a 19% earnings CAGR over FY26-28 on the back of a complex product pipeline comprising injectables, scale-up of CDMO contracts, and improved synergy from Cenexi
GLP-1 utilization and spending are expected to continue growing as more prescribers and patients embrace the popular injectable formulations of these treatments, and, while the oral option may attract patients previously hesitant to try GLP-1 therapies due to injection concerns, it is unlikely to surpass injectables in market share
Cerillo JL, P
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