Sun Pharma - Uptick In Prescription Trends Of Key Products Bodes Well: Nirmal Bang

Sun Pharma - Uptick In Prescription Trends Of Key Products Bodes Well: Nirmal Bang

Sun Pharmaceutical Industries Ltd. signage is displayed outside the company's corporate office in the Andheri suburb of Mumbai, India. (Photographer: Amit Madheshiya/Bloomberg)

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Nirmal Bang Report

Prescription trends of key drugs of Sun Pharmaceutical Industries Ltd. in the U.S. market indicate sustained QoQ growth momentum. There is continued volume growth in key products, including Winlevi, Cequa, Ilumya and Carvedilol ER.

These products have seen a jump in prescription volume in Q4 FY22. We had seen a build-up in prescription volume from Winlevi in Q3 FY22; however, a large part of gains should be seen in Q4 FY22.

We have not seen any direct volume impact post the launch of generic version of Restasis on Cequa sales.

Sun Pharma was the first generic player to receive U.S. Food and Drug Administration approval for gAmbisome and has received competitive generic therapy exclusivity. The company is yet to launch the product in the U.S. market.

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Nirmal Bang - Sun Pharma-Company Update-11 March 2022.pdf
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