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Pharma sector facing shooting prices of raw materials: Assocham
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IANS
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India s pharma exports surge as tide turns against China. Image Source: IANS News
Chandigarh, May 4 : The pharma sector is facing shooting prices and shortage of raw materials, known as active pharmaceutical ingredients (APIs), as 85 per cent of them come from China, Assocham said on Tuesday.
It sought government s intervention in clearing the bottleneck in the import.
Such practices are not acceptable during these challenging times when the whole country is fighting a battle against the pandemic. We urge an immediate intervention from authorities to take necessary action against this practice, Assocham Chairman of Northern Region Development Council A.S. Mittal said in a statement. ....

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