'Allocate key chemicals to avert drug shortages', says Pharmexcil amid West Asia war
New Delhi: The Pharmaceuticals Export Promotion Council of India ( Pharmexcil) has urged the government to allocate raw materials like propylene, methanol, ammonia and butane to manufacturers of solvents and active pharmaceutical ingredients (APIs), as inventories of these key inputs have depleted to critically low levels due to the West Asia conflict.
If solvent manufacturers do not reinstate their supplies, the market would face shortages of medicines, as these categories have big influence on the pharma industry, Pharmexcil chairman Namit Joshi said.
Joshi said the industry is awaiting government intervention.
"The pharma industry and in particular API manufacturers are facing a huge challenge in procuring solvents from manufacturers as they are saying that their supply chain is impacted due to the Middle East crisis," said an industry expert.
If solvent manufacturers do not reinstate their supplies, the market would face shortages of medicines, as these categories have big influence on the pharma industry, Pharmexcil chairman Namit Joshi said.
Joshi said the industry is awaiting government intervention.
"The pharma industry and in particular API manufacturers are facing a huge challenge in procuring solvents from manufacturers as they are saying that their supply chain is impacted due to the Middle East crisis," said an industry expert.
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