Sumit Gupta's Insights on the Pharma Sector and Diagnostic Growth

Tuesday, 24 September 2024, 03:38

Pharma sector expert Sumit Gupta shares insights on Sun Pharma and the evolving diagnostic sector. He emphasizes stabilizing pricing pressures and long-term growth opportunities.
Indiatimes
Sumit Gupta's Insights on the Pharma Sector and Diagnostic Growth

Pharma Sector Trends and Insights

Sumit Gupta, from Centrum Broking, discusses the current state of the pharmaceutical and healthcare industries. He notes that while pricing pressure has stabilized at around 6% to 7%, there are significant long-term opportunities, particularly related to the US Biosecure Act impacting Indian companies.

Long-Term Views on the Pharma Sector

Gupta believes that any shifts in the supply chain will take time, suggesting a cautious but optimistic outlook for capital expenditures in healthcare. He highlights Sun Pharma as a strong player thanks to its diverse portfolio.

Diagnostic Sector Predictions

When evaluating the diagnostic sector, Gupta sees potential growth driven by established companies like Dr. Lal, who are benefiting from increased volume and profitability, despite initial challenges post-COVID. He anticipates sustained growth with a focus on routine and specialized tests.

Pricing Pressures in Diagnostics

  • Pricing has stabilized: The average increase in diagnostic pricing is between 3% and 6%.
  • Established players adapting: Dr. Lal and Metropolis are expected to lead profitability and market share through improved volume growth.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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