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Sanjivani: Even with exports, India can maintain anti-malaria drug stocks
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SME Times News Bureau | 10 Apr, 2020
With domestic pharmaceutical majors ramping up their capacity to monthly
churn out around 25-30 crore anti-malaria pills --Hydroxychloroquine,
India can easily manage to export the drug and maintain robust domestic
stocks as well, industry insiders and experts said.
At present,
the drug is being aggressively pitched as the best option to fight the
Covid-19 infection. However, no large-scale trials have taken place to
prove such claims yet.
Nevertheless, world leaders like US President Donald Trump have become ardent advocates of the drug.
India,
thus, has become the world's focus for being the largest producer of
the drug and the manufacturing numbers are just staggering. Some
industry estimates show that India can produce around 30 crore doses of
the medicine per month, while the domestic requirement will not exceed
10 crore pills.
Consequently, both the US and Brazil have
requested the Centre to allow exports of the drug, with the Brazilian
side going as far as to compare the drug to 'Sanjivani', a mythical herb
which was referred to in the epic Ramayana.
India has now
allowed the drug to be shipped out, but on a case-to-case basis, making
the product as vital as adhesive tape or aspirin of the present time,
not to mention that it was developed during World War-II.
Pharma
major IPCA Laboratories' Joint Managing Director Ajit Kumar Jain said:
"We are currently producing 10 crore Hydroxychloroquine pills per month.
We plan to increase the production to 13 crore pills by June."
"We
have already supplied the Central and the state governments with 4
crore pills and there are still pending orders with us which we will
easily fulfil. There will not be any domestic shortage of the medicine
from our side. Exports to the US will start some time after addressing
the supply chain."
According to Sudhir Kalhan, Chairman,
Institute of Minimal Access Metabolic Bariatric Surgery, Sir Ganga Ram
Hospital: "India at present has enough stock of this medicine and can
even afford to export some of it to the countries which have been
heavily impacted by Covid-19."
"At present, only healthcare
workers would require this drug to deal with the initial signs of being
infected with Covid-19," Kalhan who is also the Chairman of industry
body Assocham''s National Council on Healthcare said.
On March
25, India had banned the export of Hydroxychloroquine. However, on April
6, the Directorate General of Foreign Trade (DGFT) notified lifting
ofrestrictions on 14 drugs, including Hydroxychloroquine.
"The
ban earlier imposed was based on emergency situation and in absence of
proper assessment of requirements within the country vis-a-vis
capacity," said Shirish Ghoge, an independent industry expert and a
former senior director with Abbott and Sanofi.
"Two factors
weighed in favour of bringing Hydroxychloroquine tablets from the banned
to the restricted category. There were assessments of realistic
requirements for local consumption and the capacities with the Indian
companies like IPCA and Zydus Cadila which can produce over 10 crore
tablets per month," Ghoge added.
"As a result, a very wise and
rational decision has been taken by the Indian government in allowing
measured quantities of export of Hydroxychloroquine tablets and we
should compliment them for earning goodwill from the US government which
will further improve the trade relations between the two countries," he
said.
Pharma industry expert Aamit Khanna said: "India has
enough stocks of Hydroxychloroquine despite the Indian government
lifting the ban in order tosupport its relationship with the US and
Brazil. India has stood strongly for human interest and supported the
global fight against the Covid19 crisis.
"Indian pharma companies
currently can boost production capacity by 5-6 times to 70 MT per
month, totalling to 35 crore tablets every month. India needs to have 10
crore tablets in stock for its domestic consumption."
However,
Anil Tiwari of Fenesta Healthcare LLP said: "Even though India needs a
lesser quantity of anti-malarial drug in comparison to countries in the
African continent, and Indian manufacturers are well equipped to fully
fill the domestic demand, the real hurdle will be faced to source raw
materials to manufacture the drug."
In addition to the goodwill
generated towards India, many industry insiders feel that the move will
also help them build brand reputations in the US andother key markets.
They
said that this opportunity can be used to project India as not just
generic drugs major, but also as a powerhouse of medicine production.
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