Motilal OswaI: Indian Pharmaceutical Market In Recovery Mode Led By Price Hikes
Wockhardt Ltd.’s Ace Proxyvon tablets are arranged for a photograph in Mumbai, India Photographer Dhiraj Singh/Bloomberg

Motilal OswaI: Indian Pharmaceutical Market In Recovery Mode Led By Price Hikes

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Indian pharmaceutical market grew 2.4% year-on-year in June after witnessing decline of 11.2% to 8.9% in April and May.

For the first quarter of this year, IPM contracted 5.9% led by volume decline of 11.8% YoY, which was offset to some extent by price (+4.5%) and new launches (+1.4%).

Click on the attachment to read the full report:

Motilal Oswal Pharma Sector Update.pdf

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