Prices of uncooked materials for medicine rise by 139%, Well being Information, ET HealthWorld

Costs of raw material for drugs rise by 139%Mumbai: A steep rise in the price of uncooked supplies for important medicine, referred to as energetic pharmaceutical elements (API) in pharma circles, by 139% in sure instances because the pre-pandemic stage, is pinching the trade exhausting. The general improve, averaging practically 50% within the wake of high-priced imports and provide disruptions from China, have raised doubts on the supply of medication and will result in shortages, notably of these which might be key in Covid remedy.

API costs of sure medicine like fever and ache aid drug paracetamol and life-saving antibiotic Meropenem (additionally used for Covid), and anti-diabetic metformin, have greater than doubled to as excessive as 139%, 127% and 124% respectively, placing the highlight again on India’s close to total-dependence on the Dragon. Almost 70% of the nation’s APIs are imported from China, whereas the dependence is as excessive as 90% for sure life-saving antibiotics like cephalosporins, azithromycin

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