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With 63 different products currently in development, the competition intensifies as companies and other leading players strive to secure a larger slice of this lucrative market.

The reasons are simple - 1) Less price erosion than US generics many ROW markets operate on tender-based or branded-generic models with less competitive intensity 2) Higher entry barriers than domestic Indiarequires regulatory filings (EU GMP, WHO PQ, ANVISA), distribution infrastructure, and local market knowledge 3) Branded potential - unlike the US where generics are interchangeable, many ROW markets allow branded generics that can command premium pricing 4) Large unmet need - healthcare access in Africa, LatAm, and Southeast Asia is expanding, creating genuine volume growth (not just market share battles) Lets see who is doing well here - 13) Strides Pharma - The Ex-US Transformation Story + Controlled drug substances Strides transformation from a US-centric generics player to a diversified international formulator is one of the most underappreciated stories in Indian pharma

Collagen is protein