India Pharma - Reduced Covid-19 Cases Affect IPM Growth In September: Motilal Oswal

India Pharma - Reduced Covid-19 Cases Affect IPM Growth In September: Motilal Oswal

A pharmacist checks boxes of prescription drugs before storing the medication. (Photographer: Simon Dawson/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Indian pharma market growth stood at 12.4% YoY in September 2021 versus 17.7 % YoY in August 2021.

Respiratory/analgesics/gynecological exhibited a growth of 45.8%/28.1%/17.3% YoY.

Respiratory sales grew on a sequential basis, with 45.8% YoY growth in September (38.2% YoY growth in August).

At the therapy level, YoY growth was dragged by cardiac (up 2.7% YoY), diabetes (up 6.8% YoY), and vitamins-minerals-nutrients (up 2.4% YoY).

Click on the attachment to read the full report:

Motilal Oswal Pharma Sector Update.pdf
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