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Prabhudas Lilladher Report
Indian pharmaceutical market growth broadly normalised in the month of June 2021 after strong sales growth in April and May 2021, led by second wave of Covid-19 and lower base benefits.
The key reasons for normalised growth are:
declining number of active Covid-19 cases post its peak in May-21 during the second wave,
IPM supply chain getting largely streamlined in June-20, hence base become normalised versus April-May-20,
high demand for anti-infective/acute-therapy products on a lower base and
high contributions in incremental growth of IPM from Covid-19 related preventive medicines maintained.
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