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Indian Pharma Market Nov'17 Update - Growth inching up, touches 8.1%

Pharma market growth continues to inch-up gradually, and in November it touched high single digit and closed with 8.1% mark, a healthy 1.5% improvement over October. In a good sign, volume growth improved to 6.5% vis-a-vis 5.6% in October. Interestingly, anti-infectives therapy, which suffered most due to demonetisation and GST, had stellar growth of nearly 8%.

Key Highlights

  1. Monthly growth was 8.1% vis-à-vis 6.5% in October
  2. During Apr-Nov’17, industry growth had been just 4.6%, on account of both GST
  3. Among good growth therapies, anti-infectives had growth of 7.9%, while dermatology again posted double digit growth of 11.9%
  4. Gastrointestinal growth improved to 9%, while vitamins grew by 6.8%
  5. Main chronic therapies growth slowed down - anti-diabetic growth slowed down sharply to 6% v/s 16% growth in October. Similarly, cardio growth was just 4.4% (9.4% October); however, CNS growth improved to 7.6%
  6. During April-Nov’17 period, only derma (11.6%) and anti-diabetics (12.8%) ha double digit growth, amongst the top 10 segments

 

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                                                                                                                                  Source: AIOCD PharmaTrac

7.      Growth Drivers for November were - 6.5 % in Volumes,

      3% due to new launches, and -1.5% due to price increase

8.      Nov-17 quarter had better volume growth at 4.7%, new

       product growth at 2.7% and price de-growth at 1.7%


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                                                                                                                                  Source: AIOCD PharmaTrac

9.      Impact Of FDC

a.     FDC segment grew by 16.5%, while the non-FDC segment grew at 9.1%, while the single molecules segment grew at 6.9%

b.     Growth drivers for the FDCs – volume growth at 15.5%, price at 0.4% and new launches growth at 0.6%

c.     For non-FDC growth drivers were – volumes at 6.7%, prices at -0.7% while new launches growth at 3%

d.     For single molecules growth drivers were – volume growth at 6.5%, prices growth at -2.3%, while new launches at 3%


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                                                                                                                                                                          Source: AIOCD PharmaTrac

10.    MNC growth was at 4.4%, while Indian companies

       growth was nearly double at 9%

Major Highlights for Month of Nov-17

Market clocked Rs. 10.291 crores turnover with 8.1% growth

Corporate

  1. Amongst the top 10 Corporates, Mankind had the highest growth at 27.6%, followed by Alkem at 13.9% and Lupin at 12.5%
  2. 43 Corporates, among top 50, had positive growth, possible sign of revival.
  3. Amongst the top 50 Corporates, Natco had the highest growth at 35.9%, followed by Mankind growing at 27.6 % and Himalaya growing at 22.9%.
  4. Amongst the 11-20 ranked Corporates, Aristo had the highest growth at 10.7%, followed by Torrent growing at 9.5% and DRL at 8.4%
  5. Amongst the 21-30 ranked Corporates, Natco grew fastest at 35.9%, followed by Himalaya growth at 22.9%
  6. Amongst the 31-40 ranked Corporates, Hetero grew by 22.4%, Meyer organics at 13.2% and Ajanta at 11.3%
  7. Amongst the 41-50 ranked Corporates, Allergan had the highest growth of 22.1%, followed by Medley at 20.2% and Centaur at 19.5%
  8. Amongst the 51-60 ranked Corporates, Corona led at 26.6%, followed by Eli Lily at 12.7% 
  9. Amongst the 61-70 ranked Corporates, Shreya grew fastest at 23.3%, followed by Albert at 17.9% and Wanbury at 8.5%
  10. Amongst the 71-80 ranked Corporates, East India grew by 19.7%, followed by Lincoln at 9.8%
  11. Amongst the 81-90 ranked Corporates, Oaknet growth was 32.1%, followed by Ozone at 31.1% and Walter Bushnell at 26%
  12. Amongst the 91-100 ranked Corporates, Sanzyme led with 58.5% growth, followed by Leeford HC at 57.6% and Unison at 36.7% 
  13. Amongst the 101-150 few Corporates with good growth were - Torque, Mapra, Paras, Menarini, Neon, Strassenburg, Paviour, Gufic, Talent, Ferring,
  14. MSN, Reliance LS, Group, Lekar, Stamed, Entod, KLM Pharma, Bennet, Glowderma, Saffron etc

Companies

  1. Both Abbott HC (13.1%) and Abbott India (14.1%) both had double digit growth
  2. Sun Portfolio had slight slowdown at  5.8%, while Ranbaxy has registered a growth of 7.6%

Indian V/s MNC

  1. MNC companies grew by 4.4%, while Indian companies grew by 9%
  2. Amongst the top 50 MNCs, Allergan grew fastest at 22.1%, followed by Eli Lilly at 12.7% and Novartis grew at 11.5%


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NLEM, Non NLEM & Non-Scheduled Para 19 Market

 

  1. For NLEM 2013 molecules growth was 4.2%, whereas for the non-NLEM market it was 9%, leading to overall growth of 8.1%
  2.  In the non-NLEM category Indian companies’ growth was 9.9%, whereas MNCs grew at 5.3%


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                                                                                                                                                                          Source: AIOCD PharmaTrac

Therapy

  1. 18 therapies had positive growth during the previous month
  2. Respiratory posted double growth of 13.8%, Gastrointestinal and Pain and Analgesic growth was 9% respectively
  3. Among chronic therapies, anti-diabetic grew by 6% & cardiac at 4.4%, and Neuro/ CNS at 7.6%
  4. Anti-malarials de-grew at -4.5% & VMS growth was 6.8%, and derma grew by 11.9%

Regional Dynamics

1.      29 regions posted positive growth

2.      Jharkhand grew fastest at 21.3%, followed by UP East at

      17.6% & North Karnataka at 16.1%

Molecules

  1. Amoxycillin + Clavulanic Acid recovered with 12.02% growth, while Glimepiride + Metformin Market was stagnant at 0.2%
  2. Sales for Glimepiride + Metformin and Amoxycillin + Clavulanic Acid was Rs. 172 crores, and Rs. 175 crores respectively
  3. Sofosbuvir and its combination reached Rs. 566 crores on MAT basis, while Azilsartan Plain reached Rs. 51 crores on MAT basis.
  4. Tenegliptin and its combinations pegged at Rs. 569 crores, while Luliconazole was worth Rs. 219 crores on MAT basis,
  5. Paracetamol plain grew at 8.53%, plain Atorvastatin declined by -7.63%, Probiotic Microbes grew at 20.07%, Pantoprazole plain posted double digit growth of 11.83%, Montelukast + Levocetrizine grew by 13.08%, Voglibose + Metformin + Glimepiride posted double digit growth of 14.65%, Plain       Azithromycin had growth of 11.67%

Brands

  1. Mixtard led with Rs. 41 crores, followed by Glycomet GP at Rs. 35 crores, Spasmoproxyvon Plus at Rs. 38 crores, Lantus at Rs. 31 crores & Galvus Met at Rs. 42 crores and Liv 52 at Rs. 21 crores and Janumet at Rs. 30 crores
  2. Few brands to gain ranks on MAT basis were - Novomix (+4), Cilacar (+28), Udiliv (+15), Ultracet (+9), Duolin, (+28), Gluconorm G (+10), Telma H (+7), Allegra (+18), Synflorix (+14), Gemer (+13), Ecosprin AV (+18), Duphaston (+15),Pan D (+10), Istamet (+6)

Recent New Launch Molecule Performance

  1. Azilsartan, newly launched molecule, now valued at Rs. 51.44 crores. 43 brands already launched! On MAT basis Zilarbi (Emcure) led, followed by Aztric (Intas) and Abel (Lupin)
  2. Luliconazole is worth Rs. 219 crores on MAT basis, with 6 brands already in the foray
  3. Benidipine and its combinations now valued at Rs. 14.3 crores on MAT basis with Inzit (Eris) leading followed by Benitowa (Akumentis) and Benipack (Koye) 
  4. Acotiamide is now valued at Rs. 41.7 crores on MAT basis with Acogut (Lupin) leading followed by Actapro (Sun) & Acotrust (DRL)
  5. Dulaglutide launched under the brand Trulicity (Eli Lilly), is now valued at Rs. 18 crores

New Launches (in Nov-17)

Anti-diabetic, VMS and cardiac all saw 4 new launches each; derma saw 11 new brand launches and gastro had 7 new launches


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