CHINESE PHARMACEUTICAL INDUSTRY

Relief for pharma companies as API prices see a sharp fall

Similarly, the price of montelukast sodium (an anti-asthmatic drug) has declined to ₹28,000 per kg from ₹45,000 per kg. Likewise, the API for antibiotic meropenem is down 40% to ₹45,000 per kg from ₹75,000. While China scaled up significantly, the demand for APIs has gone down as India has taken steps to become self reliant, industry leaders say.