Indian Pharma Market’s Growth Stays Far Behind Expectation In February: Prabhudas Lilladher
Capsules are laid out for inspection on a production line (Photographer: Tomohiro Ohsumi/Bloomberg)

Indian Pharma Market’s Growth Stays Far Behind Expectation In February: Prabhudas Lilladher

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.

Prabhudas Lilladher Report

Indian Pharma Market growth in last few months remained below our expectations, even though major Covid-19 concerns are behind and marketing activities mostly back on track.

We believe key reasons for growth below par are -

  1. subdued new prescription that leads to volume decline,
  2. digital marketing yield going south and
  3. sustained lower demand of acute-therapy products.

Amongst top therapies, anti-Infective and respiratory which contributed 20% to IPM were the biggest drags in last several months, while cardiac, anti-diabetic and vitamin-mineral-nutrient contributed major part of growth.

Click on the attachment to read the full report:

Prabhudas Lilladher Pharma Sector Update.pdf

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