UBS fears slowdown in India, US pharma markets; gives ‘Sell’ on 4 stocks | News on Markets

UBS fears slowdown in India, US pharma markets; gives ‘Sell’ on 4 stocks | News on Markets

3 min read Last Updated : Sep 27 2024 | 9:11 AM IST

Global brokerage UBS has raised concerns about weakening trends in the Indian and the US pharmaceutical markets. In its recent coverage initiation report, UBS said the pace of a decline in the US generic market is likely to worsen, while the growth of India pharma market has been slowing and recent trends of sharp increase in unbranded generics is a concern.

“These two markets account for 70-80 per cent of sector profits and…
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Source: https://www.business-standard.com/markets/news/ubs-fears-slowdown-in-india-us-pharma-markets-gives-sell-on-4-stocks-124092700127_1.html