Pharmaceutical Industry 2H2023 - POLICY ENVIRONMENT SUPPORTS GROWTH
In 2022, the ETC channel suffered a prolonged shortage of drugs. It has prompted the administration to solve problems with the development of the ETC channel both in the medium and long term. In 1H2023, many new policy documents were issued that brought the ETC channel back strongly. On the other hand, the OTC channel has shown signs of deceleration with the increase in the ETC market share, and the COVID-19 epidemic has passed. We believe that DBD and IPM will continue to benefit in 2H2023 thanks to the focus on the ETC channel.
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