Covid-19 drugs portfolio boost domestic sales of companies in FY21

Topics Companies | drugs

Drug companies with a strong Covid-19 drugs portfolio have clocked healthy growth in India sales in FY21, the data showed.   This is primarily because the acute therapies (includes segments like antibiotics) did not do well in FY21 with most people staying indoors and being cautious about health.   A look at therapy-wise growth rates would give a clear picture. India Ratings and Research analysis using AIOCD AWACS data showed that the anti-infective segment, which accounts for 13 per cent of the Indian pharma market (IPM), has clocked a decline of 5 per cent in FY21 vis a vis 8 p.....

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