Wockhardt, a pharmaceutical company, will not face significant impact of the global turmoil over US tariffs due to its strong business model.
Wockhardt's exposure to the US market is just 5% and it is planning to exit the generic business in the country soon.
Other pharma companies with substantial exposure to the US may need to adjust their strategy and look at other markets like Europe to compensate for the potential impact of tariffs.
The tariffs will increase the cost burden for US consumers, as a significant portion of generic prescriptions in the country are met by Indian products.