According to the retail audit dated February 2014 of well reputed AIOCD Pharmasofttech AWACS Pvt. Ltd, in January 2014 the Indian Pharmaceutical Market (IPM) registered a turnover of Rs. 6,227 Crore (around US$1 billion) with a growth of 8.5 percent. The growth break-up is as follows:
- 3.5 percent from existing products or volume (Volume growth was 1.6 percent in January 2013)
- 3.4 percent from new launches
- 1.6 percent from price increases
Number of new products (brands) launched in the month:
- 83
Top performers in growth within ‘Top 10 Companies’:
- Emcure at 20.9 percent
- Sun Pharma at 20.1 percent
- Lupin at 15.4 percent
Monthly growth of Indian Companies against MNCs:
- Indian companies at 11.4 percent
- MNCs at 1.0 percent
Top growing MNCs for the month:
- Allergan at 35.7 percent
- MSD at 17.0 percent
- Merck Serono at 15.0 percent
Top 5 growing therapy areas for the month:
- Opthalmologicals/Otologicals at 18.0 percent
- Anti-diabetic at 17.5 percent
- Dermatologicals at 16.0 percent
- Gastrointestinal at 10.0 percent
- Respiratory at 9.8 percent
Top growing brands (branded generics):
- Skinlite at 40 percent
- Telma at 32 percent
- Glycomet-GP at 31 percent
- Phensedyl at 25 percent
- Dexorange at 14 percent
Conclusion:
It appears that the revival of IPM post Drug Price Control Order 2013 has commenced.