Drugmakers in India are bracing for potential disruption from the coronavirus. If they're hit, the impact could be felt around the world: Indian pharmaceutical companies produce 20% of the world's drugs supply
Indian pharmaceutical companies, which produce 20% of the world's drugs supply by volume, are warning that the outbreak threatens to disrupt the supply of raw materials from China. These bonds were supposed to help fight diseases like coronavirus. They've never paid out The drugmakers say they have enough supplies on hand to continue production for now. But their operations could be endangered if the coronavirus continues to cause disruption in China.
Kamal Sharma, the vice chairman of Lupin, told investors on February 6 that while his company has enough supplies to ride out the coronavirus issue for months, executives are"not getting visibility on shipment of containers" from China. Sun Pharmaceutical, which sells mainly to the United States, said its inventory will meet demand in the short term. But it warned that supply chains are complicated, and the original source of material is not always clear.
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