As American life sciences companies increasingly diversify away from China, Indian firms report a surge in interest, investment, and strategic partnerships. "Everybody... they all have China-free strategy," said Vivek Sharma chairman of an Indian producer. One public company from India recently told investors, "There is a continuing pipeline build of...
150 Pharma Manufacturing Units Approved in Gujarat, India
The Gujarat Food and Drug Control Administration approved layout designs of 150 pharmaceutical companies including Illinois-based Abbott, Baxter, Israel-based Teva, Japanese company Otsuka Pharmaceutical, among others, from July 2017 onward. The manufacturing units include APIs, formulations, and medical device units. In Gujarat, a manufacturing park which will help reduce capital...