Centre sets minimum import price for antibiotic APIs
after close1 source ↓written by the desknot a recommendation
- at ₹3
- 6-APA
The Union government has established a minimum import price for key antibiotic raw materials, including penicillin G at ₹2,216/kg, amoxicillin at ₹2,733/kg, and 6-APA at ₹3,405/kg. This policy aims to regulate low-priced imports and bolster domestic pharmaceutical production.
The move may enhance the competitiveness of local manufacturers against cheaper imports, particularly from China, which supplies around 70% of these materials. 📈
Not investment advice. For informational purposes only.