BENGALURU/NEW DELHI (Reuters) - India, the world's main supplier of generic drugs, on Tuesday restricted the export of 26 pharmaceutical ingredients and drugs made from them, including paracetamol, as concern mounted the coronavirus outbreak could turn into a pandemic.
Indian pharma companies get almost 70% of the active pharmaceutical ingredients for their medicines from China.
"Export of specified APIs and formulations made from these APIs... is hereby 'restricted' with immediate effect and till further orders," the Director General of Foreign Trade said in a statement https://dgft.gov.in/sites/default/files/Noti%2050_0.pdf, without explaining the extent of the restrictions.
"Irrespective of the ban , some of these molecules may face shortages for the next couple of months," Dinesh Dua, chairman, Pharmaceuticals Export Promotion Council of India , told Reuters."If coronavirus is not contained, then in that case there could be acute shortages," Dua said. The people have been kept in isolation and their samples are being sent to India's National Institute of Virology for confirmation, the government said in a statement https://pib.gov.in/PressReleseDetail.aspx?PRID=1604938.
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