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Europe 'panicking' over India's pharma export curbs: Industry body

India's list of restricted medicines account for 10 per cent of its total pharmaceutical exports and includes several antibiotics, as well as Paracetamol

Pharma exports | Pharma sector | paracetamol

Reuters  |  New Delhi 

India's top pharmaceuticals export group said the government's curbs on some drug exports amid the spreading coronavirus outbreak has caused panic in Europe and will "severely impact" businesses in the sector. India, the world's main supplier of generic drugs, has restricted the export of 26 active pharmaceutical ingredients (APIs) and the medicines made from them, in a move seen aimed at tackling possible domestic shortages of medicine during the outbreak. On Wednesday, Dinesh Dua, chairman of the Pharmaceuticals Export Promotion Council of India ...

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First Published: Wed, March 04 2020. 13:55 IST