IPCA Laboratories losing market share in anti-malarial products

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Indian pharma market for anti-malarial products has shown declining trend over the last five years. Ipca, a leading player in anti-malarial products in India has also seen a downtrend in sales of these drugs. However, the trend in de-growth has been sharper in the industry when compared with a decline in IPCA’s revenue from anti-malaria products.

IPCA MAT Malaria USD - Small Size
[Image 1: Compare screen shows anti-malarial products sales for the industry and IPCA]

IPCA MAT Malaria - small size
[Image 2: Compare screen shows index for anti-malarial products sales for the industry and IPCA]

IPCA derives over 16% of revenues from anti-malaria products (Image 3). The company has maintained its position as a market leader in the domestic market for anti-malarial products with the share of ~50%. However, in recent months, IPCA’s market share has started dwindling marginally (Image 4).

Anti-malarial products account for 0.44% of the Indian pharma market while the average market share of the companies in this segment is pegged at 0.67%, which is fairly constant.

Ipca segment Market Share
[Image 3: Therapeutic revenue contribution for IPCA]

Ipca Market Share[Image 4: Therapeutic market share for IPCA]

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