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Pharma sector registers 12% growth in Feb

The domestic pharmaceutical market grew at 12 per cent y-o-y in February, broadly in line with the average of 12.9 per cent since April 2015, primarily due to steady volumes, sustained healthy price hikes and new launches, a report said. “The Indian Pharmaceutical Market (IPM) reported moderate revenue growth of 12 per cent y-o-y in February 2016 as against 18.9 per cent in February 2015, primarily attributable to steady volumes, sustained healthy price hikes and new launches,” a report by Religare Institutional Research said. Therapy-wise, the anti-diabetic, cardiac, derma and gastrointestinal segments outperformed IPM growth by 4-6 per cent, it said.
PTI

PTI

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