Prabhudas Lilladher: Indian Pharma Market Bounces Back To Pre-Covid-19 Levels In October
Hands wearing blue surgical gloves hold brightly coloured pharmaceutical medication, including antibiotics, paracetamol, Ibuprofen and cold relief tablets, manufactured by a variety of companies in this arranged photograph in London, U.K. (Photographer: Chris Ratcliffe/Bloomberg)

Prabhudas Lilladher: Indian Pharma Market Bounces Back To Pre-Covid-19 Levels In October

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

October 2020 data points indicate that Indian Pharma Market growth could be back at the pre-Covid-19 level as -

1. IPM witnessed the second consecutive month of strong growth, for the first time in eight months,

2. Volume growth for first time in the last seven month,

3. Highest growth in last eight-month,

4. Largest companies in IPM witnessed strong growth, which were laggards since lockdown,

5. AI (anti-Infective) and derma growth are now at pre-Covid-19 levels and

6. New product growth is also at pre-Covid-19 levels.

Click on the attachment to read the full report:

Prabhudas Lilladher Pharma Monthly Update.pdf

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