Motilal Oswal: Indian Pharma Market’s Growth Pauses In November After A Strong Performance In October  

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Motilal Oswal Report

Indian pharmaceutical market performance was muted in November 2020, registering 1% YoY growth versus 9.6% YoY in October 2020.

After a decent growth of 6.6% YoY in October 2020, growth in anti-Infective therapies were flat YoY in Nov-20.

Respiratory therapies continued their dismal performance, recording a sales decline of 6.9% YoY in Nov-20.

Cardiac/gastro/anti-diabetic therapies exhibited a growth of 8.7%/3.1%/1.9% YoY in Nov-20.

On a moving-annual-total basis, industry growth came in at 3% YoY.

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