Business Standard

Covid-19 prescription: Pharma players shift their focus over the counter

The pandemic pushes pharma companies to look at drugs that held promise in transitioning to over the counter segment

pharmacy, drugs, medicine, pharma companies, pharmaceuticals, vaccine, coronavirus, covid, testing
Premium

With the Covid-19 pandemic raging, analysts expect the focus on OTC brands to continue because visits to doctors are few and far between

Sohini Das Mumbai
Over-the-counter (OTC) consumer health businesses have been a focus area for pharmaceutical firms in the recent past. 

Last year quite a few prescription (Rx) products switched to the OTC portfolio of leading pharmaceutical firms like Lupin and Cipla. 

Consumer health products do not require a prescription from a doctor and can be purchased over the counter.

With the Covid-19 pandemic raging, analysts expect the focus on OTC brands to continue because visits to doctors are few and far between. 

In its 2019-20 (FY20) annual report, Sun Pharmaceutical Industries (Sun Pharma), one of the top 10 consumer health companies in India, said there was an

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in