Neha Dasgupta
Neha Dasgupta
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Europe 'panicking' over India's pharmaceutical export curbs: industry group

Europe 'panicking' over India's pharmaceutical export curbs: industry group

By , NEW DELHI/FRANKFURT (Reuters) - India’s top pharmaceuticals export group said a government curb on some drug exports as the coronavirus outbreak spreads has caused panic in Europe and will “severely impact” businesses in the sector.The world’s main supplier of generic drugs has restricted the export of 26 active pharmaceutical ingredients (APIs) and the medicines made from them, in a move seen as aimed at tackling possible domestic shortages of medicine during the outbreak.On Wednesday, Dinesh Dua, chairman of the Pharmaceuticals Export Promotion Council of India (Pharmexcil), told...

March 4, 2020
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