When active pharmaceutical ingredient (API)-related issues figure on investor calls, that’s probably a fair indicator that it’s an area that may need more than just routine attention.
China API Alert, Indian Firms Brace For More Pain
Prices of active pharmaceutical ingredients and intermediates from China have gone up significantly, piling pressure on Indian and Western companies that rely on it for supplies. Some firms are scrambling to draw up a plan B to secure supplies as the Asian giant weeds out polluting units and ups compliance.
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