The Coronavirus spells trouble for the pharma industry in India and globally
The coronavirus has disrupted manufacturing in China and delivered a shock to global supply chains. One industry that is affected is pharmaceuticals.
China is a major production centre for active pharmaceutical ingredients or APIs.
Globally this has triggered concern. In India, pharma industry leaders have expressed concern that if disruption continues, pharma supply and prices would be affected. Market prices for anti-inflammatory drugs and antibiotics in India have risen sharply as a result of the crisis.
Will the coronavirus disrupt the global supply of pharmaceuticals?
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