Bittersweet pill

Indian Pharma’s Perfect Storm – Chinese APIs

Pharma ranks 39th on China’s export list, for India, it’s the fifth largest. But now as China bulks up its pharma ambitions, India should be careful about the remedies it adopts to fight cheap Chinese imports

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Around the time Indian and Chinese diplomacies were flexing their arms in July, a tiny research company in Noida in the National Capital Region was making up its mind. To take or not to take. Finally, it chose not to take funding from a Chinese pharmaceutical company. And the reasons were far from smouldering geopolitical tensions.

In the rarefied business of drug discovery, Curadev has a few molecules under development. Two years ago, it licensed one set to Roche for $25 million in upfront payment…

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