Economy
India's Pharmaceutical Market Revenue Grows 13 Percent Year-on-Year in August

India's Pharmaceutical Market Revenue Grows 13 Percent Year-on-Year in August

Livemint22h
THE BRIEF
1

The Indian pharmaceutical market revenue grew 13% year-on-year in August to reach ₹24,800 crore, led by price hikes and new launches.

2

Chronic therapies grew 16%, while acute therapies rose 11% with lower demand for monsoon-linked respiratory treatments and anti-infectives.

3

Industry leader Sun Pharmaceutical Industries grew 14%, while Dr Reddy's Laboratories recorded the fastest growth among top firms at 22%.