Indian drug industry exhorted to take advantage of the 'China Plus One

2022-06-18 13:56:28 By : Ms. Ray Ho

As the COVID-19 pandemic has prompted multinational pharma corporations to adopt a ‘China Plus One’ strategy, Indian government officials are urging domestic players to take advantage of the opportunity to become a viable alternative to China. Since the production linked incentive (PLI) scheme was introduced, 32 plants in India have already begun producing 35 active pharmaceutical ingredients (APIs), which officials say will reduce India's…

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