Business Standard

November domestic pharma sales grow just 1% after strong show last month

Oct growth rate was 9.6%; Most big corporates saw volumes drop in November

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

The overall market growth slowed down in November as the volume growth was in negative terrain, clocking a -6.9 per cent while price growth came in at 4.7 per cent and new introductions grew by 3.2 per cent

Sohini Das Mumbai
After posting a strong growth in October, domestic pharma sales has once again slipped to a low single digit growth in November. From a 9.6 per cent growth in October, it has slowed down to one per cent growth in November even as major therapies continued to show positive growth. 

The overall market growth slowed down in November as the volume growth was in negative terrain, clocking a -6.9 per cent while price growth came in at 4.7 per cent and new introductions grew by 3.2 per cent. 

According to data from market research firm AIOCD AWACS, therapies like cardiac

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