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Indian pharma manufacturing continues to be the backbone of drug supplies worldwide, and GlobalData analysis suggests US overreliance on the country for genericdrug supply. Industry minister KT Rama Rao criticised the fact that Telangana had not been considered for the bulk drug park scheme.
Each month, an estimated 37 million packs of medicines are shipped between the EU and the UK, with 45 million traded in the opposite direction. Following the introduction of customs controls in January 2021, medicine imports from the EU fell to their lowest levels in years. Industry figures have spoken out against this prospect.
Only 25% of API production for genericdrugs took place in Europe in 2020, according to a November 2022 Medicines for Europe report. For innovative medicines, this share was 77%. Despite having large biopharmaceutical companies on home ground, the UK and France experienced major shortages and supply chain issues.
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