Indian Pharma Market Sees Pick Up In December After A  Subdued November: Motilal Oswal
Holding colourful capsules strips (Photograph Bloomberg)

Indian Pharma Market Sees Pick Up In December After A  Subdued November: Motilal Oswal

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 increased to 8.5% YoY in December 2020 versus 1% YoY in November 2020.

Gastro/Cardiac/ vitamins-minerals-nutrients therapies exhibited a YoY growth of 16.2%/14.9%/14%.

Anti-Infectives therapy is back on the growth path, with 5.2% YoY growth in Dec-20 versus flat sales YoY in Nov-20.

Respiratory sales remained in a downtrend with 8.7% YoY decline in Dec-20.

National List of Essential Medicines (approximately 17% of IPM) grew 6.3%% YoY. Non-NLEM (~83% of IPM) grew at 9%.

On a moving annual turnover basis, industry growth came in at 3.1% YoY.

Click on the attachment to read the full report:

Motilal Oswal Healthcare Sector Update.pdf


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