Antiviral favipiravir brings stunning gains to Glenmark, almost equal to the entire India sales of some multinationals, as demand surged amid the ferocious second of COVID-19 in the country. Such brand build-up could have taken five to seven years in pre-pandemic times, experts said.
Huge Spurt In Glenmark's Favipiravir Sales • Source: Alamy
It’s not everyday that a pharma brand in India that’s been on the market for under 12 months goes on to emerge as the top-selling therapy in the retail market with a significant lead over the number two ranked product.
Lilly saw solid growth for its business in Japan last year on the back of several new launches and is building its obesity and Alzheimer's portfolios in the country.
Biosimilars giant Celltrion tells shareholders there could be multiple opportunities for its business under US President Donald Trump’s latest executive order on drug pricing.