Indian Pharma Exports News - Latest Updates & Headlines
Who's going to pay price to bring back manufacturing in US, asks Biocon MD amid possibility of tariffs on pharma
New Delhi, April 11: Siddharth Mittal, CEO and Managing Director of Biocon Limited, on Friday questioned who would pay the price to shift their establishments to the US where pharma manufacturing costs are higher than in India and China.
Will announce a major tariff on Pharma shortly, says US President Donald Trump
Washington DC, April 9: US President Donald Trump continues to be belligerent on his policy of reciprocal Tariffs despite strong opposition both within the US and outside. On Tuesday night (local time), the US President announced that Tariffs on the Pharma sector were coming soon. The sector has so far been exempt from the Tariffs.