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This Article is From Jan 11, 2022

India Pharma - IPM Growth Moderates In December: Motilal Oswal

India Pharma - IPM Growth Moderates In December: Motilal Oswal
Tablets of multiple vitamin and minerals supplement are arranged for a photograph. (Photographer: Kiyoshi Ota/Bloomberg)

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 grew 5.3% YoY in December 2021 (versus up 6.6%/up 8.5% YoY in November 2021/December 2020).

Respiratory/ophthalmology/pain grew 21.7%/13.7%/13.5% YoY.

At the therapy level, anti-infective (down 2.8% YoY), vitamins-minerals-nutrients (up 1% YoY), and anti-diabetic (up 1.3% YoY) dragged down YoY growth.

Non-Covid-19 drugs grew 4.7% YoY in Dec-21. Covid-therapy drugs grew 6.4% YoY in Dec-21.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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