Impact of Corona virus on Indian medicines now | ZNDM NEWS |

The corona virus spread in China is now going to be full of Indian patients too. The panic of corona virus has now started to affect the drug market as well. About 80 percent of the raw materials used to make medicines in India are imported from the city of Wuhan in China and this region is witnessing the most outbreak of Corona virus.

The corona virus spread in China is now going to be full of Indian patients too. The panic of corona virus has now started to affect the drug market as well. About 80 percent of the raw material used to make medicines in India is imported from the city of Wuhan in China and this region is witnessing the most outbreak of Corona virus. Due to the tornado of Corona virus, India's $ 39 billion pharmaceutical business is under threat. After one and a half months, the impact of imports is gradually falling on the pharmaceutical market. While there has been a shortage of surgical masks and gloves in the local drug market, the wholesale rate of essential medicines has increased by 10 to 15 percent.
According to the Chemist and Druggist Welfare Association, it will not affect the public and retailer's pockets at the moment. Retail prices rise after the wholesale rate rises to 25-30 percent. Told that about six months stock of essential medicines is kept in the market. But if this situation persists for a long time, not only will the drug crisis arise, but prices will also touch the sky.
According to Lanka-based medicine shopkeeper, surgical gloves and masks are imported from China and Singapore. It has good stock in its country. But these days China is sourcing masks and gloves from India. With this, not only has the shortage started, but the prices have also been increased. According to Gajanand Yadav, Vice President of Wholesale Medicine Dealers Association, the wholesale price of generic medicine has also increased by five to 15 percent.