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US Executive Order On Manufacturing: Can India Pharma Breathe Easy?

 
• By Anju Ghangurde

White House directive aimed at reducing dependence on foreign manufacturers for essential medicines and a seemingly more aggressive stance towards site inspections could signal a worrying emerging trend for India pharma. But it also needs to be viewed through the prism of the upcoming US elections and trade tensions with China amid the pandemic.

Donald Trump speech
US Executive Order On Essential Drugs, A Worrying Trend For India? • Source: Shutterstock

US President Donald Trump’s executive order aimed at bolstering domestic production of essential medicines, medical countermeasures, and critical inputs has escalated uncertainty for Indian drug firms, already coping with a challenging business environment, like the rest of industry, amid the pandemic.

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