Shanghai Pharma Vice President expresses hope for increased investment from Indian pharma cos in China
Written By : Ruchika Sharma
Medically Reviewed By : Dr. Kamal Kant Kohli
Published On 2024-11-13 08:55 GMT | Update On 2024-11-13 08:55 GMT
Advertisement
Shanghai: Li Dongming, Vice President of Shanghai Pharmaceuticals, expressed hope on Tuesday for more investment from Indian pharmaceutical companies into China. He also emphasized the opportunities for collaborative product development for markets in other countries.
"We have a very long history with India pharmaceutical industries. In the past, we used to export a lot of APIs (Active Pharmaceutical Ingredients) and in the mid chemical products (sector) to Indian companies," Li told ANI.
He said there are new avenues of cooperation in the pharma sector.
"For example, we have a product corporation with Gland Pharma in Southeast Asia in countries like Thailand and Philippines. I hope in the future we can have more cooperation with Indian companies," he said.
On the ties between India and China, which were not normal due to border tensions, Li said these will become better in the future.
He said there were also problems in transport links between the two countries due to COVID-19.
"We faced a lot of challenges in the last five years...but I think now everything is becoming normal," he said.
Our comments section is governed by our Comments Policy . By posting comments at Medical Dialogues you automatically agree with our Comments Policy , Terms And Conditions and Privacy Policy .
Disclaimer: This website is primarily for healthcare professionals. The content here does not replace medical advice and should not be used as medical, diagnostic, endorsement, treatment, or prescription advice. Medical science evolves rapidly, and we strive to keep our information current. If you find any discrepancies, please contact us at corrections@medicaldialogues.in. Read our Correction Policy here. Nothing here should be used as a substitute for medical advice, diagnosis, or treatment. We do not endorse any healthcare advice that contradicts a physician's guidance. Use of this site is subject to our Terms of Use, Privacy Policy, and Advertisement Policy. For more details, read our Full Disclaimer here.
NOTE: Join us in combating medical misinformation. If you encounter a questionable health, medical, or medical education claim, email us at factcheck@medicaldialogues.in for evaluation.