Falling drug prices and high inventory in the United States present new hurdles for Indian manufacturers. By Keerthi Ramesh India’s pharmaceutical sector reached a historic milestone this fiscal year with exports climbing to a record $31.1 billion. While the figure marks a significant achievement for the “pharmacy of the world” a closer look at the American market reveals a shifting landscape of pricing pressures and stockpiled supplies that are forcing Indian drugmakers to rethink their long-term strategies. A report by the Economic Times highlights that the United States remains the primary destination for Indian medicines, accounting for roughly 34% of…
Author: AB Wire
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