Industry

As monsoon sets in, respiratory, malaria drugs see demand rise



New Delhi: The onset of monsoon boosted sales of drugs for respiratory, anti-infective, anti-malaria and gastrointestinal therapies in June.

According to market researcher Pharmarack, these therapies saw a double-digit growth last month compared to June 2023.

“Among the top therapies, anti-infectives and respiratory have shown a relatively stronger volume growth for the month of June,” said Sheetal Sapale, VP, commercial at Pharmarack.

Industry data showed sales of respiratory drugs clocked 19.2% growth by value compared to a year earlier while anti-infectives and gastrointestinal drugs saw an uptick of 17.2% and 10.7%, respectively. Both anti-infective and gastrointestinal therapies showed robust increase last month compared to a year earlier and June 2022, while respiratory therapy is following a natural seasonal trend, the data showed.

Anti-infectives recorded ₹25,651 crore in moving annual turnover (MAT) in the last 12 months, followed by gastrointestinal drugs at ₹23,594 crore.

Pointing to an increased number of pollen allergy cases last month, Sapale said this spurred demand for anti-allergic medicines along with antihistamines, nasal decongestants and antitussive preparations. “Drugs used in treatment of viral infections, fevers, and vector-borne diseases along with drugs used for treating general weakness and body ache also performed well in June,” she added.Overall, the Indian pharmaceutical market (IPM) grew 8.8% last month. Companies like Sun Pharmaceuticals, Mankind, Cipla, Torrent, Intas, Alkem, Macleods, Aristo, GSK, USV, Glenmark and Micro outperformed the market.



READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.