Jan 06, 2012 03:06 PM IST | Source: None

Drug makers want anti-dumping duties

The Business Standard reports that Indian Drug Manufacturers Association (IDMA), the largest body of small and mid-sized pharma companies, has taken up some concerns of the pharmaceutical industry with the government.

Drug makers want anti-dumping duties

The Business Standard reports that Indian Drug Manufacturers Association (IDMA), the largest body of small and mid-sized pharma companies, has taken up some concerns of the pharmaceutical industry with the government.

The matters include issues such as Chinese competition for the Active Pharmaceutical Ingredients (API) market, pharma pricing and foreign direct investment (FDI) in the sector.
 
According to an IDMA statement, the Chinese government offers several benefits to manufacturers, thereby, reducing the overall prices of their products.

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