A deep dive into the Top 20 fastest growing brands in India throws up an interesting analysis:
1. Top 20 fastest growing brands amount to a whopping 4,500 crs.
2. 6 of the top 20 brands come from the Anti-Infective category (no surprise) but what is interesting is that, 5 of these have the same molecule - Amoxy Clav. Seems, the Indian companies have been busy snapping at the heels of the big daddy - Augmentin - although big daddy is clocking a mega 804 crs @ 37% growth!
3. Cipla and Sun have 3 brands each in this Top 20 list.
4. Urology has now firmly made it's mark as a therapy to reckon with.
5. There is only one brand falling in the general medicine space - Ascoril LS.
6. Brand Rybelsus has been clocking about 18 crs per month, emerging with 138 cr after just over 1 year of launch and continues growth at a scorching pace @ 589%. Pertinent to note that this therapy is expensive and yet the super growth.
Have a look and make your own readings through the above chart.
Read also: Top 100 Pharma Companies in India
Source: IQVIA MAT MAY 23.