Cipla Ltd. has joined the growing list of Indian pharma companies docking firmly into China to tap into emerging opportunities in the world’s second-largest pharmaceutical market.
Cipla Docks Into China With Manufacturing Plans In Tow
More Indian companies are headed to China, with Cipla the latest to seal a joint venture there, though the firm has previous links with the country. Respiratory products will lead Cipla’s line-up in China, a market seen as a crucial cog in the firm’s future road map.
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Echoing wider sentiments in the biosimilar and generic drug industry, the IGBA has warned of the potential consequences of mercantilist tariffs on the global drug supply and their impact on industry and patients.