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Strong performance in US market to support growth of Indian pharma industry in FY24: ICRA

Strong performance in US market to support growth of Indian pharma industry in FY24: ICRA
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FY24 India growth projection: Pharma Sector: ICRA expects 9-11% growth in FY24 led by new launches, US rebound

Credit rating agency ICRA predicts that the revenues of 25 Indian pharmaceutical companies, which account for 60% of the Indian pharmaceutical industry s total revenues, will expand by 9-11% in FY24, compared to 10% in the previous year. The operating profit margin (OPM) is projected to improve to 22-23% in FY24, compared to 20.7% in FY2023.

United statesDeepak jotwaniDrug administrationNational list of essential medicinesUnited states foodNational listEssential medicinesIndian rupeeFy24 india growth projectionPharmaceutical companiesUs marketCredit rating

Strong performance in US market to support Indian pharma industry growth in FY24

Strong performance in US market to support Indian pharma industry growth in FY24
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National list of essential medicinesNational listEssential medicines

FY24 India growth projection: Pharma Sector: ICRA expects 9-11% growth in FY24 led by new launches, US rebound

Credit rating agency ICRA predicts that the revenues of 25 Indian pharmaceutical companies, which account for 60% of the Indian pharmaceutical industry s total revenues, will expand by 9-11% in FY24, compared to 10% in the previous year. The operating profit margin (OPM) is projected to improve to 22-23% in FY24, compared to 20.7% in FY2023.

United statesDeepak jotwaniDrug administrationNational list of essential medicinesUnited states foodNational listEssential medicinesIndian rupee

NGSO to widen GAS access for gold card holders

NGSO to widen GAS access for gold card holders
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