MFR August24
MFR August24
MFR August24
Report
August 2024
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1
Source: IQVIA TSA Dataset Aug'2024
IPM Key Highlights – Aug’24
IPM Growth and Monthly Sale Trend
21,000 20
16.5
15
11.2
10.1 10.3 10.5 9.8 10.1 9.8
20,000 9.0 8.8
7.6 7.6 8.1 10
11.5
8.6 7.9 7.7 7.4 7.4 8.0 7.6 5
5.8 6.7
19,000 5.1
3.5
1.3 0
18,000 -5
-10
17,000
-15
-20
16,000
Nov'23 18,002.3
July'24 19,883.2
Aug'23 18,700.9
Sept'23 19,173.8
Oct'23 18,986.0
Dec'23 18,066.8
Jan'24 17,937.5
Feb'24 17,970.2
Mar'24 17,387.6
Apr'24 19,534.2
May'24 18,915.4
June'24 17,730.0
Aug'24 20,164.0
-25
15,000 -30
• IPM monthly growth decreased to 7.6% for Aug’24 from 11.2% reported
last month.
• MAT growth for Aug’24 was at 8.1%, which is higher than reported for
last five months.
60%
17.8%
220,000
40%
10.2%
13.2% 8.1%
7.2%
4.4% 20%
170,000 12.0%
20.7%
9.0% 10.0%
9.2% 9.2%
6.2% 6.9% 0%
1.7%
120,000
-20%
70,000
-40%
148992.1
175581.8
188247.9
128818.8
207527.3
137686.6
224284.5
117994.5
111150.9
92098.2
56893.9
64430.8
70253.4
78708.6
86597.9
20,000 -60%
MAT Aug'20 MAT Aug'21 MAT Aug'22 MAT Aug'23 MAT Aug'24
ACUTE CHRONIC OVERALL Acute growth Chronic Growth Overall Growth
22,000 40.0%
30.0%
18,000
20.0%
7.3%
6.6% 7.3% 10.0%
14,000 4.3% 5.6% 3.5%
4.4% 4.8%
1.6% 1.4% 0.0%
0.4% 2.6% 0.8%
-2.8% -1.9%
10,000
-10.0%
-20.0%
6,000
-30.0%
13466.8
10442.1
16047.9
11363.3
17673.1
11877.4
18741.0
12678.6
20164.0
8542.4
4924.4
5605.8
6309.8
6863.6
7485.4
2,000 -40.0%
Aug'20 Aug'21 Aug'22 Aug'23 Aug'24
20,000.0 40.0%
18,000.0
22.2%
12.6% 20.0%
16,000.0 8.8%
19.2% 10.1%
9.0% 9.1%
13.8%
14,000.0 6.0% 7.6%
8.8%
-0.2%
6.7%
4.5% 0.0%
12,000.0 -4.9%
10,000.0
-20.0%
8,000.0
6,000.0
-40.0%
4,000.0
13466.8
10442.1
16047.9
11363.3
17673.1
11877.4
18741.0
12678.6
20164.0
8542.4
4924.4
5605.8
6309.8
6863.6
7485.4
2,000.0 -60.0%
Aug'20 Aug'21 Aug'22 Aug'23 Aug'24
Acute Chronic Overall Acute Growth Chronic Growth Overall Growth
Indian_MNC Trend
200000 28%
21.4%
18.6%
20%
160000 14.2%
12.5%
17.6% 9.7% 10.0% 10.2% 10.8%
7.1% 14.3%7.8% 8.3% 12%
6.5%
120000
8.8% 9.8% 9.0%
7.7% 6.9% 4%
6.5% 5.7%
4.5% 4.2% 4.4%
80000
-4%
107,111
114,745
145,217
156,549
173,398
187,807
40000
19,513
58,942
91,638
97,607
20,387
21,708
22,941
53,579
10,852
11,312
66,288
12,421
73,062
13,536
30,365
31,699
34,129
36,477
-12%
0 -20%
MAT Aug'23
MAT Aug'21
MAT Aug'22
MAT Aug'23
MAT Aug'24
MAT Aug'21
MAT Aug'22
MAT Aug'24
MAT Aug'21
MAT Aug'22
MAT Aug'23
MAT Aug'24
Growth of MNC companies remained lower than Indian companies for both
Acute and Chronic segments but it is constantly catching up in both the
segments as shown in above chart.
• Top 30 cities by market size mentioned in the above table grew slightly
slower @ 8% as compared to overall growth of 8.1% for MAT Aug’24.
• Top 30 metros in India contributed to 33.8% to IPM Sales for MAT
Aug’24, which is same as reported last month.
• Nashik , Agra, Ahmedabad, Bhopal and Pune were the fastest growing
markets among the Top 30 metros for MAT Aug’24 in the same order.
While the top 3 were the same last month also, Bhopal has overtaken
Pune to come at 4th spot.
• 12 out of Top 30 metros grew faster than IPM while 18 metros grew
equal to or slower than the IPM growth of 8.1% for MAT Aug’24.
• Among the 6 mega metros, Delhi remained the fastest growing @11%
for MAT Aug’24, followed by Chennai @9.6% and Hyderabad @9.3%.
10
Zonal fastest growing among the
Top 51-100 companies- MAT
Aug’24
Fastest Growing West Zone Fastest Growing South Zone
Rank
Corporation Values'Cr Growth % Corporation Values'Cr Growth %
1 NATCO 107 38.4 % MSN LABS 103 75.1 %
2 MSN LABS 107 35.5 % BRISTOL-MYER SQUIB 64 65.8 %
3 CELON LAB 75 31.5 % KEPLER HEALTHCARE 76 44.0 %
4 BDF 115 28.1 % FRESENIUS KABI 175 36.6 %
5 GALDERMA 110 27.5 % BRINTON 83 25.8 %
6 ICON LIFESCIENCES 69 21.8 % NUTRICIA INTERNAT 137 23.9 %
7 KHANDELWAL 74 19.0 % MARTIN HARRIS 74 21.4 %
8 BIOLOGICAL E 82 18.6 % BAYER LTD. 101 20.9 %
9 NEON LABS 135 15.6 % TROIKAA 142 20.1 %
10 BAYER LTD. 91 15.3 % NATCO 137 19.9 %
11 NUTRICIA INTERNAT 151 13.7 % RPG LIFE SCIENCES 149 18.4 %
12 SERVIER INDIA 125 13.4 % LINUX LAB 140 18.1 %
13 PIRAMALHEALTHCARE* 86 12.7 % ENTOD 136 16.6 %
14 KLM LABS 103 12.4 % JUGGAT 111 15.7 %
15 LINCOLN 116 12.3 % MYLAN 164 13.2 %
16 SERUM INSTITUTE 117 12.2 % KLM LABS 144 12.2 %
17 MERCK SPECIALITIES 120 12.1 % NEON LABS 182 12.0 %
18 UNIMED TECHNOLOGIE 68 12.0 % PIRAMALHEALTHCARE* 72 11.8 %
19 RAPTAKOS BRETT 150 11.5 % UNIMED TECHNOLOGIE 153 11.6 %
20 MYLAN 133 11.1 % BAYER ZYDUS 145 11.3 %
3 DEXOLAC NUTRICIA 3.8 -12 % ZOSTUM EMCURE* 42.8 22 % ACILOC CADILA 48.6 13 %
PREVENAR-
4 OROFER-XT EMCURE* 3.7 39 % PFIZER* 35.2 21 % MANFORCE MANKIND 42.2 4%
13
5 SINAREST NEW CENTAUR 3.1 8 % LANTUS SANOFI* 33.8 9 % ELECTRAL FDC 39.6 3%
7 BETADINE WIN MEDI. 2.5 -8 % MERO ARISTO* 31.2 45 % ZIFI FDC 30.7 5%
ECOSPRIN-
8 CILACAR JB * 2.5 3% USV 30.7 -2 % LIV-52 HIMALAYA 29.4 18 %
AV
9 GLYCIPHAGE FRANCO 2.5 57 % MIXTARD ABBOTT* 30.5 -1 % ZINCOVIT APEX 27.5 13 %
WATERBURYS PIRAMAL
10 2.3 153 % RYZODEG ABBOTT* 30.0 35 % AUGMENTIN GSK* 27.1 6%
COMPOUN HEALTH.
11 VOLINI SUN* 2.3 -6 % INFLUVAC ABBOTT* 29.6 4 % PANTOP ARISTO* 27.0 23 %
15 MICROPENAM MICRO* 2.0 >500%CYRAMZA ELI LILLY 24.5 81 % FORACORT CIPLA 26.0 24 %
17 ATORVA ZYDUS* 1.9 -12 % BUDECORT CIPLA 23.9 -4 % TAXIM ALKEM* 25.2 18 %
RELIANCE
18 DEXORANGE FRANCO 1.9 32 % ALBUREL 23.7 -1 % LANTUS SANOFI* 24.4 -2 %
LIFE.
BRITISH GLYCOMET-
19 D-PROTIN 1.9 59 % USV 23.6 -16 % MONOCEF-O ARISTO* 23.2 9%
BIO. GP
MONOCEF-
20 FORACORT CIPLA 1.8 11 % ZIFI FDC 23.2 2% ARISTO* 21.1 16 %
SB
Maharashtra Mumbai
Rank Growth
Brand Company Value'Cr Growth % Brand Company Value'Cr
%
1 HANSAPLAST BDF 108.5 36 % IMMUNOREL RELIANCE LIFE. 64.9 65 %
2 ENERZAL FDC 102.4 38 % AUGMENTIN GSK* 49.3 -13 %
3 CLAVAM ALKEM* 75.4 2% FORACORT CIPLA 41.7 9%
4 GLYCOMET-GP USV 66.2 -2 % SHELCAL XT TORRENT * 35.8 24 %
5 FORACORT CIPLA 63.2 13 % RYBELSUS ABBOTT* 35.5 71 %
6 MIXTARD ABBOTT* 55.7 1% RYZODEG ABBOTT* 35.2 9%
7 ECOSPRIN-AV USV 54.6 9% ROSUVAS SUN* 34.5 56 %
8 AUGMENTIN GSK* 52.5 8% GLYCOMET-GP USV 32.2 2%
9 TELMA GLENMARK 50.8 36 % PAN-D ALKEM* 30.5 21 %
10 ZERODOL-SP IPCA 49.5 21 % SHELCAL TORRENT * 30.3 -6 %
11 ZIFI FDC 48.5 -0 % REJOINT NEW ABBOTT* 29.7 276 %
12 MOXIKIND-CV MANKIND 47.7 12 % OROFER-XT EMCURE* 28.6 13 %
13 PAN ALKEM* 45.7 9% MIXTARD ABBOTT* 27.2 -18 %
14 DUOLIN CIPLA 45.6 6% LANTUS SANOFI* 26.8 -28 %
15 ELECTRAL FDC 45.6 11 % NIKORAN TORRENT * 26.5 17 %
16 PAN-D ALKEM* 44.2 28 % ALBUREL RELIANCE LIFE. 25.8 0%
17 BETADINE WIN MEDI. 43.4 13 % NOVO RAPID ABBOTT* 25.3 4%
18 RYBELSUS ABBOTT* 42.2 58 % VYMADA NOVARTIS* 25.3 -31 %
19 LANTUS SANOFI* 40.4 13 % TELMA GLENMARK 23.7 -4 %
20 DUPHASTON ABBOTT* 38.3 8% MINIPRESS-XL PFIZER* 23.6 -2 %
Rank Company Value'Cr Growth % Company Value'Cr Growth % Company Value'Cr Growth %
1 SUN* 821.8 6% SUN* 1,078.1 14 % SUN* 1,410.1 4%
2 ABBOTT* 544.5 7% ABBOTT* 751.6 1% ABBOTT* 838.1 9%
3 MANKIND 419.4 2% CIPLA 604.5 1% CIPLA 766.2 5%
4 CIPLA 396.3 14 % MANKIND 600.5 6% TORRENT * 463.0 11 %
5 DRL 376.2 9% MICRO* 531.0 5% ZYDUS* 460.3 2%
6 ARISTO * 354.4 2% USV 472.3 6% LUPIN 345.8 5%
7 INTAS * 297.4 8% TORRENT * 470.6 4% INTAS * 335.2 16 %
8 LUPIN 281.8 3% ALKEM* 410.6 -1 % GLENMARK 306.4 16 %
9 ALKEM* 281.1 1% LUPIN 377.7 1% MACLEODS 294.4 2%
10 MACLEODS 275.5 4% DRL 376.0 -7 % USV 290.4 20 %
11 TORRENT * 267.0 -1 % ZYDUS* 355.2 3% DRL 272.9 7%
12 ZYDUS* 226.4 7% EMCURE* 291.8 -3 % ARISTO * 262.4 5%
13 U S V 198.2 -3 % GLENMARK 291.5 23 % GSK* 227.4 -3 %
14 GLENMARK 151.4 1% GSK* 272.8 3% MICRO* 217.0 -0 %
15 EMCURE* 131.3 -1 % MACLEODS 263.9 6% MANKIND 201.2 15 %
16 IPCA LABS 127.7 8% IPCA LABS 246.7 12 % JB * 192.3 3%
17 GSK* 116.0 -7 % INTAS * 238.5 1% IPCA LABS 173.6 20 %
18 PFIZER* 110.0 -4 % ARISTO * 209.6 10 % ERIS* 159.7 6%
19 MICRO* 102.6 -2 % PFIZER* 205.0 -4 % PFIZER* 144.2 -3 %
20 JB * 98.0 4% JANSSEN 189.2 43 % BLUE CROSS 134.1 2%
Rank Company Value'Cr Growth % Company Value'Cr Growth % Company Value'Cr Growth %
4 PANTOP ARISTO* 35.7 6% DARZALEX JANSSEN 60.1 162 % THYRONORM ABBOTT* 67.6 5%
8 DOLO MICRO* 28.1 -12 % LEVIPIL SUN* 46.8 21 % CONCOR MERCK 47.2 25 %
11 BOSENTAS CIPLA 26.1 250 % SHELCAL TORRENT * 35.4 18 % MOXCLAV SUN* 41.1 -15 %
18 BUDECORT CIPLA 20.8 9% DUPHASTON ABBOTT* 32.0 9% NOVOMIX ABBOTT* 30.2 -10 %
BEPLEX
19 LUPIN 20.0 40 % CILACAR JB * 31.4 -1 % UDILIV ABBOTT* 30.0 31 %
FORTE
20 MOXIKIND-CV MANKIND 19.6 5% BUDECORT CIPLA 30.0 15 % LEVIPIL SUN* 30.0 5%
10 LEVIPIL SUN* 40.1 -13 % RYZODEG ABBOTT* 49.2 15 % PREVENAR-13 PFIZER* 20.3 18 %
11 PAN ALKEM* 37.4 31 % ERBITUX MERCK 44.3 149 % LANTUS SANOFI* 19.4 15 %
13 VOLINI SUN* 32.8 3% NOVOMIX ABBOTT* 38.7 -22 % MABTAS INTAS * 17.6 48 %
14 ASTHALIN CIPLA 32.6 10 % OPDYTA BMS 36.2 47 % DUPHASTON ABBOTT* 17.0 -13 %
16 SUSTEN SUN* 30.4 5% ZORYL-M INTAS * 33.2 5% AZITHRAL ALEMBIC 16.2 -10 %
PREVENAR-
17 PFIZER* 29.9 22 % LEVIPIL SUN* 32.3 8% CANMAB BIOCON 16.1 61 %
13
RELIANCE
18 SUCRAFIL O FOURRTS 29.6 14 % DUPHASTON ABBOTT* 31.6 13 % RITUXIREL 15.8 244 %
LIFE.
19 TELMA-H GLENMARK 29.1 31 % PAN ALKEM* 31.5 11 % MONTEK-LC SUN* 14.1 30 %
GELUSIL- GLYCOMET
20 PFIZER* 29.0 16 % USV 31.4 -6 % CILACAR JB PHARMA * 13.9 44 %
MPS TRIO