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China India Drug Regulation

Jan 21, 2020, 02.55 PM IST

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CHINA INDIA DRUG REGULATION

What ails India's pharmaceutical sector?

Unlike mature markets such as the US, where drug prices are market-controlled, here, the government and regulators play a pivotal role in the entire process. Regulators fix both the price companies pay for bulk drugs and the price at which they sell their products in the market, leaving little leeway to earn profit. For Indian pharma, this is a double-edged sword.

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