How coronavirus is affecting the Indian pharma industry ?
How coronavirus is affecting the Indian pharma industry ? The pandemic coronavirus has emerged as one of the outbreak causing severe illness all over theworld which in return has affected Indian pharma a lot. Indian pharma industry was almost dependent on the Chinese market as well as on other nations for the medical raw materials. Being afraid of the COVID-19 contamination, the Indian government restricted the Active Pharmaceutical Ingredient (API) imports from China even though the nation is the biggest API and pharma intermediates provider. The pandemic coronavirus has taken place in India with the number of confirmed cases rising to 4426, recovered cases 326 only and the number of deaths causing 114. The Indian pharma has lacked in producing ventilators to hospitals as there is a shortage of ventilators found during this pandemic. The Indian pharma industry has also lacked in producing PPE kits for doctors and nurses and other hos...