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โข Cipla's Pithampur facility received an OAI in August and a warning letter in February, but it is unlikely to escalate to import alerts.
โข Top picks in largecaps are Sun Pharma and Cipla, while in midcaps, Torrent Pharma and JB Chemicals are preferred.
โข The US and India markets are stabilizing for generics, and companies with strong compliance records are benefiting from drug shortages.