He said that the Democrats speak about lowering healthcare costs for citizens, but haven't done anything to help them, despite US President Trump taking a "historic" decision to work with health companies to lower prescription drug prices.
Citing the reason behind its observation, the credit rating firm in its report said that despite India exporting over half of its pharmaceutical output, the bulk comprises low-priced generic drugs, which already operate on razor-thin margins, leaving little room for further price cuts to mat
Pharma sector stocks in the Indian stock market showed strong resilience on Monday despite initial pressure due to the anticipated executive order by U.S. President Donald Trump aimed at cutting prescription drug prices in the United States.
He said he would implement a "most favoured nation's policy," whereby the US would pay the same price as the nation that pays the lowest price anywhere in the world.