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Rising API prices to hit drug firms' profit by 300-500 bps in 2-3 quarters

In the past few months, the prices of APIs from China have gone up in the range of 15-80 per cent, amid a crackdown by the local government on industries allegedly polluting the environment

Pharma Industry  |  Pharmaceutical Companies  |  Healthcare

Samreen Ahmad  |  Bengaluru 

Representative Image
Representative Image

Increasing prices of active pharmaceutical ingredients (APIs) from China are likely to hit the margins of Indian . According to India Ratings and Research (Ind-Ra), this could hit the operating profit margins of the domestic pharma by as much as 300-500 basis points in the next two-three quarters of the current financial year.



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First Published: Wed, September 05 2018. 12:59 IST