Analgesics, other common drugs used during Covid-19 clock double-digit CAGR

Pain and fever drug Paracetamol and blood-clot preventing Enoxaparin both post growth rates beyond 20%

Pharma molecules that have seen traction during the last two years of the pandemic are also the fastest growing ones. An analysis of the compounded annual growth rate (CAGR) of the top 20 drug molecules in the Indian domestic market showed that paracetamol (pain, fever, analgesic), Azithromycin (common antibiotic), multi-vitamins, and enoxaparin (prevents blood clots) are the drugs that clocked high double digit CAGR over the last five-year period.

Paracetamol, a drug prescribed to almost every Covid-19 patient, has seen a value CAGR of 21.4 percent between 2017 and 2021, showed data from Elara Securities Research. Similarly, Enoxaparin, a drug