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Seeking to end reliance on China, Indian pharma firms go local for APIs
Executives at India's Cadila Healthcare, Cipla, Sun Pharmaceutical, and Biocon said on Tuesday they were aggressively working on reducing the dependence on the richer rival for raw materials.
New Delhi: Indian drug companies are looking to local makers of so-called active pharmaceutical ingredients (API) or trying to make them in-house in a bid to end their reliance on China as ties between the two countries soured after a deadly border clash last June.Though India is known as the pharmacy of the world for its massive production capacities of both generic drugs and vaccines,...
New Delhi: Indian drug companies are looking to local makers of so-called active pharmaceutical ingredients (API) or trying to make them in-house in a bid to end their reliance on China as ties between the two countries soured after a deadly border clash last June.
Ruchika Sharma joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751