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How SMS Pharma Actually Makes Money (Business Deep Dive) 🏭💊 The "Chef" Behind the Medicine You know names like Sun Pharma or Cipla. But who supplies the raw ingredients they need to make pills?. Enter SMS Pharmaceuticals. They don't sell the medicine in the pharmacy; they sell the "active powder" (API) to the companies that do. Here is the business breakdown. 👇 (1/12)

The Core Model: API Manufacturing ⚗️ Think of a pill like a cake. • The flour/sugar = API (Active Pharmaceutical Ingredient). • The icing/shape = Formulation. SMS is the flour miller. They specialize in high-volume, complex APIs. Their edge? They don't just make small batches; they manufacture at massive scale for global giants. (2/12)