Paracetamol prices jump 40% in India as coronavirus epidemic
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The world’s second-most populous nation is facing the ripple effects of shutdowns in China with production of medicines to mobile phones being hit as supply chain disruptions prolong.

Prices of paracetamol, the most commonly used analgesic, have jumped by 40% in India, while the cost of azithromycin, an antibiotic used for treating a variety of bacterial infections, has risen by 70%, said Pankaj R. Patel, chairman of Zydus Cadila. The pharma industry could face shortages in finished drug formulations starting April if supplies aren’t restored by the first week of next month, he said.

The coronavirus, which has killed more than 1,000 people and stoked fears of a broader slowdown for the world’s second-biggest economy, has challenged the global supply lines after production in China slowed down and movement of people in and out of the country stalled. As manufacturers based in China restart factories, nations such as India which depend heavily on imports of some raw material and intermediate goods from mainland continue to face uncertainty.

Patel sees a substantial increase in prices of active pharmaceutical ingredients -- the basic substance used to make drugs — in the short- to medium-term.

India, one of the largest suppliers of generic drugs to the world and home to about 12% of all manufacturing sites catering to the US market, relies on China for as much as 80% of API requirement. Pharma isn’t the only sector hit by China’s production pause.

Source: https://www.livemint.com/news/india/coronavirus-outbreak-china-shutdown-hit-across-india-from-drugs-to-electronics-output-11581942208811.html
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P●●●●i P●●●●●n and 16 others like this5 shares
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T●●●●●●m A●●●●●t
T●●●●●●m A●●●●●t General Medicine
This is Modiji gov. , don' t worry, Modiji will announced surely paracetamol can be substitute by cow urine....
Feb 20, 2020Like6
A●●●z I●●●l
A●●●z I●●●l General Medicine
Buruto you are right
Feb 21, 2020Like
Dr. b●●●●●●●j r●●●●d
Dr. b●●●●●●●j r●●●●d Obstetrics and Gynaecology
Yes
Feb 29, 2020Like