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PHARMACEUTICALS:
Pharmaceutical Exports Under Pressure, But Domestic Retail Sales Hit 14-Mth High           6th June 2009
  • Annual pharmaceutical exports registered 9% growth at $8.33 billion in 2008-09 from $7.65 billion in the previous fiscal.
  • Exports in March 2009 down to $650 million from $826 million in March 2008.
  • March 2009 drug retail sales up by 18.4% compared with 14.7% in the previous month.
  • Drugs worth $580 million (Rs.2,908 crore) sold to stockists in March 2009.
  • Drug retail sales growth in March 2008 was at 19.8%
  • Drug retail market is projected to grow by 15%-20% over next few years.
  • The domestic pharmaceutical market expected to touch $30 billion by 2020 from $7.5 billion currently, growing at 12% to 14% year-on-year.
Retail Drug Sales Grows 10% In 2008          9th Feb 2009
  • Drug sales to retail consumers grew by 9.8% to $6.98 billion (Rs.34,000 crore) in the year 2008..
  • Monthly retail drug sales improved significantly in December to 13.3% against a decline of 1.2% in October and 6.8% growth in November 2008.
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