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  • Five months after...

Five months after COVID crisis, drug sales report growth of 4.5 percent at Rs 13170 crore: AIOCD-AWACS Report

Farhat NasimWritten by Farhat Nasim Published On 2020-10-07T17:41:05+05:30  |  Updated On 10 Aug 2021 3:35 PM IST
Five months after COVID crisis, drug sales report growth of 4.5 percent at Rs 13170 crore: AIOCD-AWACS Report
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New Delhi: The Indian Pharma Market for the first time has come back very strongly after 5 months of the COVID crisis and registered a growth of 4.5% at Rs 13,170 crore, during September 2020., suggests a recent report by the market research firm AIOCD-AWACS.

A detailed look at therapy wise performance shows cardiac registered a monthly growth of 17.1% compared to 11.5 % in Aug'20, while the Anti-Diabetic registered a growth of 6.5% compared to 1.6% in Aug '20.

The anti-infective drug sales, as well as those of anti-diabetic drugs, gave a prominent push to the overall sale of drugs for the month.

Further, respiratory medicines growth slumps to -10.5% compared to -12.4 % in Aug '20. Post lockdown the struggle for Anti-infectives -11.0% in Aug 20 shows some revival but still, it is at 1.4% in Sep 20. Post-Unlockdown since June, the struggle for anti-infectives -10.2 % in July had continued a negative trend -11 % in August '20 and witnessed a decline in sales.

While associated therapy like Gastro further dips to 5.5 % vs -3.1% in Aug'20, Vitamins have bounced back has growth fantastic growth of 16.3% in Sep Vs 6.2 % Aug 20 and Pain & Analgesics are at -4.3 % in Sep'20 vs -9.8 % in Aug 20.


Drugmakers including Torrent Pharm and Mankind Pharma made it among the top ten rank buckets, while Glenmark slipped to the range of 11- 25 rank buckets. Further, India's 10 largest drugmakers reported sales growth of 3-16 percent, except Sun Pharmaceutical Industries which saw sales fall by 2 percent to Rs 619 crore.

Glenmark Pharmaceuticals, the largest manufacturer of the Covid-19 drug favipiravir, posted a 35% growth in sales at Rs 368 crore, while Ipca Laboratories' sales grew 8.8%, reports Live Mint.

Also Read: Indian Pharma Sees Decline In August 2020, Anti-Infectives, Respiratory Segments See Major Slumps: AIOCD-AWACS Report

anti infectiveAIOCDAWACSIndian pharmaceutical marketglenmarkcardiac drugseptembersun pharmasun pharma newsmankind pharma
Source : with inputs
Farhat Nasim
Farhat Nasim

    Farhat Nasim joined Medical Dialogue an Editor for the Business Section in 2017. She Covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She is a graduate of St.Xavier’s College Ranchi. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751

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