BQ Prime’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 BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
The India pharma market grew 5.8% YoY in August 2023 (versus 6.4% in July 2023 and 10.1% in August 2022). Growth was mainly driven by price hikes.
Cardiac/gastro intestinal/gynae/vitamins-mineral-nutrients grew 9%/8%/7%/7% YoY in Aug-23.
Respiratory/anti-infective therapies declined 4%/3% YoY, affecting the overall performance to some extent.
For the 12 months ending in Aug-23, IPM grew 10.1% YoY.
Prices/volume/new launches witnessed 4.7%/2.6%/2.8 % YoY growth for 12 months ending in Aug-23.
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