Sulfamethazine, a sulfa-based antibiotic, is known for its broad-spectrum antimicrobial properties, making it an effective treatment for various bacterial infections, including bronchitis and urinary tract infections. The market performance of Sulfamethazine during the initial two quarters of 2023 was significantly influenced by India's pharmaceutical industry. The Indian government's commitment to facilitating the importation of various pharmaceutical formulations played a pivotal role in boosting production and reinforcing global supply chains, thus surmounting the earlier setbacks caused by COVID-19 restrictions.
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Nonetheless, sulfamethazine prices witnessed an increase owing to the pharmaceutical industry's heavy reliance on costly raw materials sourced from neighboring nations, particularly China. This thriving sector, primarily fueled by imports, exerted a direct influence on the pricing dynamics of sulfamethazine during this specific period.
Definition
Sulfamethazine is a member of the sulfa drug family and falls under the category of sulfonamide antimicrobial drugs. It is a commonly prescribed medication in the field of medicine to address bacterial infections, including conditions like bronchitis, prostatitis, and urinary tract infections, primarily because of its wide-ranging antibiotic capabilities. Sulfamethazine operates by impeding bacterial growth through the disruption of their folic acid synthesis. It is accessible in various forms for both oral and topical administration. This particular compound is renowned for its effectiveness against a diverse spectrum of bacterial pathogens and has found extensive application in both human and veterinary medicine due to its potent antibacterial attributes.
Key Details About the Sulfamethazine Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Sulfamethazine in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Sulfamethazine Price forecast, including India Sulfamethazine price, USA Sulfamethazine price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Sulfamethazine Price Trend:
Sulfamethazine, a sulfa drug, has multiple industrial applications. It's used in pharmaceuticals to combat bacterial infections like bronchitis and UTIs. In veterinary medicine, it helps control livestock infections. It's also used in aquaculture. Beyond medicine, it serves as a chemical intermediate in industrial processes and aids in microbiology research as a selective medium component. Its antimicrobial properties are valuable in many industrial and scientific settings.
Key Players:
- Sichuan Chengkang
- XINHUA PHARM
- Square Pharmaceuticals
- Pfizer
- ReYoung Pharmaceuticals
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