India Pharma - IPM Growth Normalised In July With Fall In Covid-19 Cases: Prabhudas Lilladher

India Pharma - IPM Growth Normalised In July With Fall In Covid-19 Cases: Prabhudas Lilladher
<div class="paragraphs"><p>Bottles of pills as they are filled&nbsp; at a facility. (Photographer: Akos Stiller/Bloomberg)</p></div>
Bottles of pills as they are filled  at a facility. (Photographer: Akos Stiller/Bloomberg)

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Prabhudas Lilladher Report

Increased pace of vaccination and slowing of wave-two of Covid-19 led to normalised Indian pharma market growth month-on-month.

Growth maintained the momentum in July 2021 with strong contribution from high growth therapies influenced by Covid-19 products.

The key reasons for such growth are:

  1. increased percentage of vaccinated population with more players entering into Covid-19 vaccine segment,

  2. ease in travel restriction and less likelihood of another lock-down,

  3. precautionary Covid-19 products continued its market share with increased demand on opening of economy and

  4. falling incidence of Covid-19 increased demand for other therapies.

Click on the attachment to read the full report:

Prabhudas Lilladher Pharma Sector Update.pdf


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