 "India set to block $1.3-bn Chinese pharma takeover")
The heavy and long rainy season led to a spike in sales of anti-malarial drugs in Mumbai. During the September quarter, sales of antimalarial drugs saw 76 per cent growth over the previous quarter, the highest in the last six quarters.
The long, rainy season and the ensuing rise in antibiotic (anti-infective category) sales boosted the overall growth of the domestic pharma industry during the September quarter. Data from AIOCD AWACS showed that with an 11.5 per cent growth, the July to September quarter was among one of the best quarters in over a year. The volumes jumped 3.2 per cent,
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