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Reducing Chinese API Imports Key For Indian Pharma Growth, Says IPA

IPA Lays Out ‘Vision 2030’ For Indian Pharma Sector

 
• By Akriti Seth

The Indian government has formulated policy to reduce import dependence of APIs from China. The Indian Pharmaceutical Alliance lays out ‘Vision 2030,’ that aims to make the Indian pharma sector, the “world’s largest supplier of drugs by volume.”

India - China
The Indian pharma sector fears that policy shifts by the Chinese government could result in extreme price shifts for certain molecules. • Source: Shutterstock

Indian pharma manufacturers are “at risk of supply disruptions and unexpected price movements” because of their heavy reliance on Chinese exports, a new report by the Indian Pharmaceutical Alliance (IPA) has warned. Outlining the Indian pharma sector’s ‘Vision 2030’, the IPA warned that around 80% by volume of India's requirements for active pharmaceutical ingredients is fulfilled by China. 

Talking exclusively to Generics Bulletin, Sudarshan Jain, secretary general of IPA, said, “The pandemic has revealed the challenges of depending...

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More from Manufacturing

Bakers And Fishermen: How Biosimilars Manufacturers Are Bridging The Skills Gap

 
• By Dave Wallace

At Medicines for Europe’s annual conference in Brussels, executives from Polpharma Biologics and Gedeon Richter spoke about the challenges in finding biosimilars manufacturing staff with the right backgrounds – and how they are looking to other industries to bridge the skills gap.

Snapshot Of India’s Pharma Manufacturing Network Amid ‘Trumponomics’

 
• By Anju Ghangurde

Collating data on the global manufacturing network of leading Indian drug makers, the markets serviced and production hubs for active pharmaceutical ingredients. Will ongoing geopolitical tensions and policy shifts have a bearing on some of these down the line?

European Industry Calls For Support As It Juggles Multiple Challenges

 
• By Dave Wallace

At Medicines for Europe’s legal and annual conferences in Brussels last week, multiple key issues competed for attention, giving the generics and biosimilars industry plenty to think about at a critical time for EU pharma reform.

Sandoz Starts Construction On $440m Slovenian Biosimilars Plant

 
• By Dave Wallace

Sandoz has begun constructing a major biosimilars manufacturing facility in Slovenia that is set to become operational in 2028. A $440m investment in the project adds to local biosimilars initiatives that together total over $1bn, helping Sandoz to move out of the shadow of former parent Novartis.

More from Business

China’s Qilu Looks To US Hospitals Market With Sagent Injectables Collaboration

 
• By Dean Rudge

Sagent and Qilu will look to enhance access, reduce treatment costs, and strengthen supply chains after striking an alliance for a portfolio of the Chinese firm’s complex injectables.

Who’s Hired? Stada Picks Biogen’s Biosimilars Chief Henshaw To Lead Specialty Segment

 
• By Dave Wallace

Stada has appointed former Biogen biosimilars head Ian Henshaw as the new leader of its Specialty segment. Meanwhile, Craig Burton has left the AAM for Fresenius Kabi, Australia's GBMA is looking for a new chief executive, and Speranza, Outlook and EuroAPI have announced new appointments.

Three’s A Crowd? Celltrion Launches Denosumab In US

 
• By Dave Wallace

A third pair of Prolia and Xgeva rivals has now been launched in the US, with Celltrion throwing its hat into the ring after denosumab launches by Sandoz and Fresenius Kabi. But this is only the beginning for what is shaping up to be another highly competitive biosimilars market.