India Pharma Sector - IPM Growth On An Uptrend In August Led By Select Therapies: Motilal Oswal

India Pharma - IPM Growth On An Uptrend In August, Led By Select Therapies: Motilal Oswal

A person holding colourful capsules strips for photograph. (Photograph: 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

India pharma market growth was 17.7% YoY in August 2021 versus 13.7 % YoY in July 2021.

Respiratory/analgesics/anti-infectives grew 38.2%/32.4%/29.2% YoY.

Respiratory sales growth increased sequentially, with 38.2% YoY growth achieved in August-21 (versus 22.8% YoY growth in July-21).

For the quarter ended August-21, YoY growth stood at 15.2% YoY.

Price growth of 5.8% YoY and new product growth of 3.5% YoY was further boosted by 5.9% YoY volume growth.

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Motilal Oswal Pharma Monthly Update.pdf
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