Sushmita Panda
Senior Correspondent at Financial Express
Sr. Correspondent (Healthcare & Pharma) @financialxpress | Potterhead | Bibliophile | Alum: @acjindia | tip/lead: [email protected]
Articles
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3 weeks ago |
financialexpress.com | Sushmita Panda
US President Donald Trump has announced reciprocal tariffs on about 60 countries to counter higher duties imposed globally on American products. Pavan Choudary, Chairman, Medical Technology Association of India (MTaI) said that the U.S. administration’s decision to impose reciprocal tariffs does not reflect informed policymaking. “History has repeatedly shown that protectionist measures often do more harm than good, with the burden ultimately falling on consumers and patients in both countries.
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3 weeks ago |
financialexpress.com | Sushmita Panda
US President Donald Trump has exempted pharmaceuticals from his reciprocal tariff plan announced on April 3. While he imposed a 26% tariff on other imports from India, this exemption has provided significant relief to pharmaceutical companies. However, experts warn that the relief may be short-lived.
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3 weeks ago |
financialexpress.com | Sushmita Panda
Novartis on Thursday announced the US Food and Drug Administration (FDA) has granted accelerated approval for Vanrafia (atrasentan) to treat primary immunoglobulin A nephropathy (IgAN), also known as Berger’s disease. Vanrafia is a once-daily, non-steroidal, oral treatment that can be added onto supportive care, including a renin-angiotensin system (RAS) inhibitor with or without a sodium-glucose co-transporter-2 (SGLT2) inhibitor, the company said in a statement.
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3 weeks ago |
financialexpress.com | Sushmita Panda
US President Donald Trump has exempted imports of pharmaceuticals, energy and certain minerals in his “reciprocal tariffs” on Thursday. Following this, shares of Indian pharmaceuticals companies with significant exposure to the United States, such as Gland Pharma Ltd., Aurobindo Pharma Ltd., Dr. Reddy’s Laboratories Ltd., Sun Pharma Ltd. Reciprocal tariffs for more than 60 countries, including India, the European Union, China, Vietnam, among others were announced by Trump.
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3 weeks ago |
financialexpress.com | Sushmita Panda
Bayer on Tuesday announced that it was preparing market launches this year of two new drugs from its cardiology and women’s health portfolios reportedly to strengthen its pharmaceuticals business amid a high debt burden.
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