How Abbott Is Making Incremental Innovation Count For Patients
Abbott’s innovation and development center in Mumbai has made significant progress in shaping incremental but impactful innovations for India and some international markets. A once-daily formulation of heart failure drug ivabradine has caught the attention of the innovator company too.
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Pharmaceutical manufacturing in India is facing some early stress amid the new 21-day lock-down but both the industry and government machinery are actively engaged and working together to ensure that disruptions are minimized in the ‘pharmacy of the world.’
India has prohibited exports of hydroxychloroquine, though with concessions in specific instances, days after a national task force recommended the drug for the prophylaxis of SARS-CoV-2 infections. Home market supplies of the drug also appear strained for now.
Alembic says it is 'comfortably placed' in terms of inventories and is seeing improving API supplies from China. The only area of some concern is outbound logistics against a backdrop of flights being halted and population lock-downs.