India Steps Up Scrutiny After Chinese API Prices, Military Tensions Rise

Drug Shortages Not Expected In The Short-Term

A recent military skirmish with China and a 35-40% average increase in prices of drug raw materials has seen India step up scrutiny of imports from the country. While the industry is seeking a hike in domestic formulations prices, product shortages are not expected in the short term.

China and India flags
Political Posturing Or Business Troubles? • Source: Shutterstock

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