Extended Monsoons Help Pep Up Sales In India; Anti-infectives Show Revival In August
This article was originally published in PharmAsia News
MUMBAI - Heavy monsoon rains during the month of August helped the Indian pharmaceutical industry revive from its sagging July sales as the anti-infectives market showed signs of picking up momentum
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The Indian pharmaceutical market grew speedily at 21.5% during November, turning up a positive surprise for an industry already racing at an average 15% year-on-year growth for the last few months.
MUMBAI - For the thousands of medical representatives in India chasing aggressive targets, June is a critical month as it marks the start of the monsoon season. Monsoons last four months as heavy rains lead to a surge in cases of infectious diseases, diarrhea, asthma and respiratory issues. Sales of medicines as such are remarkably higher in these months compared to the rest of the year. But this year, June has been an odd and rather disappointing month, with sales growing at just 12.6%, down almost 2% from May which showed a growth of 14.5%
A regular roundup of commercial stories appearing in Scrip’s sister publication PharmAsia News, whose multilingual team of regional experts provides authoritative business intelligence focused on the Asian marketplace. Full stories can be accessed by clicking on the story title (subscription required).