India's pharma exports to USA slowed, but recovery looks in sight

27 February 2019

As India looks to record its highest ever pharma exports this fiscal year 2018-19, of around $19 billion, there is much apprehension in the air. US President Donald Trump's State of the Union address, which signalled more curbs on drug prices, has left Indian drugmakers an anxious lot, reports The Pharma Letter’s India correspondent.

India is one of the largest generic drug exporters to the USA.

As President Trump was delivering his speech on February 6, the index of pharma stocks tumbled in early trade. Acknowledging the efforts of his administration, the US President said drug prices have experienced their single largest decline in 46 years.

This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Try before you buy

Free

7 day trial access

Take a Free Trial

All the news that moves the needle in pharma and biotech
Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
Receive The Pharma Letter daily news bulletin, free forever.

Become a subscriber

£820

Or £77 per month

Subscribe Now

Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
Daily roundup of key events in pharma and biotech.
Monthly in-depth briefings on Boardroom appointments and M&A news.
Choose from a cost-effective annual package or a flexible monthly subscription

The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK