Pharma Q1 Preview - Recovery In Chronic, Non-Covid Acute Segments To Drive Sector Growth: KRChoksey

Pharma Q1 Preview - Recovery In Chronic, Non-Covid Acute Segments To Drive Sector Growth: KRChoksey

Hands wearing blue surgical gloves hold brightly coloured tablets. (Photographer: Chris Ratcliffe/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.

KRChoksey Research Report

Pharma companies are expected to continue their strong performance in Q1 FY22 due to low base effect YoY.

Higher demand for acute therapy products including for Covid-19 treatment medicines, other anti-infectives, analgesics, vitamins and gastro products, and recovering demand for chronic segments such as cardiology, will drive growth in domestic formulations side; while continued increased competition in the U.S. is likely to impact sales growth, partially.

For Q1 FY22, we expect our coverage universe to post 11.2% YoY (up 4.1% QoQ) growth in sales.

Click on the attachment to read the full report:

KRChoksey Pharma Sector Q1FY22 Preview .pdf
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