India’s pharmaceutical potential: From middleman to manufacturing powerhouse | India News – The Times of India

India’s pharmaceutical potential: From middleman to manufacturing powerhouse | India News – The Times of India

By Jake Chasan and Will ConteThere is an irony about India’s position in global pharmaceuticals: the country supplies forty percent of the United States’ generic medications, earning its reputation as the “pharmacy of the world.” Yet beneath this veneer of dominance lies an uncomfortable truth: seventy percent of the active pharmaceutical ingredients (APIs) and key…

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White House shelves tariffs on generic drugs, sparing bitter pill for American patients and Indian pharma companies – The Times of India

White House shelves tariffs on generic drugs, sparing bitter pill for American patients and Indian pharma companies – The Times of India

The TOI correspondent from Washington: The Trump White House has shelved plans to impose tariffs on generic drug imports in a retreat that will come as a relief to Indian pharmaceutical companies, which account for nearly 50 per cent of generic prescriptions in the US. As importantly, it has also calmed millions of Americans who…

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