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 Dydrogesterone market is at an interesting phase, with an improvement in demand due to better access, affordability, and technical superiority over Progesterone.
The initial response for Eris Lifesciences Ltd.’s product (Drolute) has been encouraging, with sales of Rs 44 million since its launch in January 2022.
We expect this product to aid 2-3% YoY growth for Eris Lifesciences in FY23.
While the insulin market has been steady, with seven players in India till FY18, Eris Lifesciences’ insulin product (Xsulin) marks the entry of the third new player since then.
Given its enhanced product offering and brand recall in the diabetes space, we expect the company to gain healthy traction in Xsulin in coming years.
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