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Pharma companies in India also rely on raw materials from China, especially from disease stricken provinces Hubei and Henan
Posted By: MrFusion
Date: Saturday, 9-Jan-2021 07:27:42
www.rumormill.news/141420
In Response To: Coronavirus could lead to drug shortages in US About 90% of generics made in the U.S. Require Components from China (RumorMail)
You may not know that India is one of the world's largest exporters of finished drugs.
~~~~~~~~~~~~~~~~~~~~~~~
Coronavirus outbreak causes supply problem for India’s drugmakers
Epidemic drives up ingredient prices and exposes pharma groups’ dependence on Chinese materials
Stephanie Findlay in New Delhi and Sun Yu in Beijing
February 23 2020
FT does not allow quoting. Please use link:
https://www.ft.com/content/ef9735fa-55e8-11ea-a528-dd0f971febbc
~~~~~~~~~~~~~~~~~~~~~~~~
Also see this article, which notes that India's own raw material producers, who have been running at 40% of capacity, now have a reason to ramp up to fill the gap:
~~~~~~~~~~~~~~~~~~~~~~~
Coronavirus pandemic threatens to cut pharmaceutical industry’s lifeline
Raw materials from China are used in making antibiotics, paracetamol, and diabetes and cardiovascular drugs, among others. Companies including Lupin, Sun Pharmaceuticals, Glenmark, Mankind, Dr Reddy’s, Torrent, Aurobindo Pharma and Abbott are hugely dependent on Chinese imports.
https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/coronavirus-pandemic-threatens-to-cut-pharmaceutical-industrys-lifeline/articleshow/73753415.cms
~~~~~~~~~~~~~~~~~~~~~~~
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RMN is an RA production.
Articles In This Thread
- Coronavirus could lead to drug shortages in US About 90% of generics made in the U.S. Require Components from China
RumorMail -- Saturday, 9-Jan-2021 07:27:42
- Pharma companies in India also rely on raw materials from China, especially from disease stricken provinces Hubei and Henan
MrFusion -- Saturday, 9-Jan-2021 07:27:42
- "Iranian strain of coronavirus a “morphed” version of the one in Wuhan" - Uh, "morphed"? Not "mutated"?
MrFusion -- Saturday, 9-Jan-2021 07:27:42
- Reader: Iran VP infected; Saudi halts pilgrimage
RumorMail -- Saturday, 9-Jan-2021 07:27:42
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