India lifts restrictions on 24 drug exports amid pandemic

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NEW DELHI (Reuters): India, the world's main supplier of generic drugs, has lifted restrictions on the export of 24 pharmaceutical ingredients and medicines made from them, the government said in a statement.

It had imposed the restrictions last month as the coronavirus outbreak disrupted global supply chains.

It was not clear what prompted India to lift the restrictions, but Indian government sources had said the bans had prompted intense pressure from the United States. "The two leaders agreed to remain in touch on the issue of global supply chains for critical pharmaceuticals and medical supplies and to ensure they continue to function as smoothly as possible during the global health crisis," White House spokesman Judd Deere, said in a tweet on Saturday following the leaders' call.

The 26 active pharmaceutical ingredients and medicines accounted for 10 per cent of all Indian pharmaceutical exports and includes several antibiotics, such as tinidazole and erythromycin, the hormone progesterone and Vitamin B12.

 

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