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Bloomberg Quint

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Image Credit: Bloomberg Quint

Trump's Pharma Measures Seem More Opioid-Focused, Won't Impact Majority Generics: Pharmexcil

  • The US administration's latest measures against pharma imports might not impact India heavily since generics outside narcotics are likely not in focus.
  • Pharmexcil, an Export Promotion Council, stated that the measures seem more focused on opioid-based drugs and will not impact generics outside the narcotics category.
  • India exports approximately $9 billion worth of pharmaceuticals to the US, supplying around 40% of all generic drugs used in the country.
  • President Donald Trump initiated a Section 232 investigation over the US' heavy reliance on foreign drug manufacturing.

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