Centre sets minimum import price for key antibiotic APIs
pre-market1 source ↓written by the desknot a recommendation
- penicillin G
- ₹2,216/kg
- amoxicillin
- ₹2,733/kg
- and 6-APA
- ₹3,405/kg
The Union government has established a minimum import price for essential 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 initiative may enhance the competitive landscape for local manufacturers, potentially impacting pricing strategies in the pharmaceutical sector.
Not investment advice. For informational purposes only.