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India Eyes Help For Makers Hurt By Shortage Of Chinese Bulks

This article was originally published in PharmAsia News

Executive Summary

The Indian government could come to the rescue of bulk makers that have suffered by China's interim closure of several plants to avoid pollution problems during the Olympic games. Nearly 50 bulk drug makers in India have shut down and others have suspended manufacturing activities because of the shortage of raw materials. The Chinese restrictions have led to higher prices for Indian bulk makers, so the Indian government is inspecting clusters of those firms to check on the impact of the shortage. Industry observers, however, already see bulk prices declining in anticipation of resumption of Chinese manufacturing at the end of the Olympics. (Click here for more
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