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Indian PM Modi lifts the ban on Hydroxychloroquine after threat from Trump

India allows limited exports of anti-malaria drug after Trump warns of retaliation
PUBLISHED TUE, APR 7 20205:54 AM EDT
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KEY POINTS
  • India, the world’s main supplier of generic drugs, said it will allow limited exports of hydroxychloroquine.
  • U.S. President Donald Trump has touted the anti-malaria drug as a potential weapon in the fight against the coronavirus.
  • Use of hydroxychloroquine has soared as the U.S. has quickly become the epicentre of the pandemic, though doctors prescribing it have no idea whether it works.
India, the world’s main supplier of generic drugs, said on Tuesday it will allow limited exports of the anti-malaria drug hydroxychloroquine that U.S. President Donald Trump has touted as a potential weapon in the fight against the coronavirus.

The Indian government had put a hold on exports of hydroxychloroquine as well as on the pain reliever, paracetamol, saying stocks were depleting because of the hit to global supply chains after the coronavirus emerged in China late last year.

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India’s Prime Minister Narendra Modi (L) attends a meeting with US President Donald Trump during the G20 Osaka Summit in Osaka on June 28, 2019.
Brendan Smialowski | AFP | Getty Images

But Trump spoke to Prime Minister Narendra Modi over the weekend seeking supplies and on Monday said India may face retaliation if it didn’t withdraw the ban on exports.

India’s neighbours, including Nepal, have also sought the anti-malaria drug.

“It has been decided that India would licence paracetamol and HCQ in appropriate quantities to all our neighbouring countries who are dependent on our capabilities,” said Indian foreign ministry spokesman Anurag Srivastava.

“We will also be supplying these essential drugs to some nations who have been particularly badly affected by the pandemic,” he said.

Use of hydroxychloroquine has soared as the United States has quickly become the epicentre of the pandemic, though doctors prescribing it have no idea whether it works.

U.S. fatalities from COVID-19, the respiratory disease caused by the virus, hit 10,902 on Monday, rapidly closing in on Italy and Spain, the countries with the greatest loss of life to date, according to a Reuters tally of official data.

In addition, the Indian government said it was lifting curbs on the export of 24 pharmaceutical ingredients and medicines made from them that includes several antibiotics, such as tinidazole and erythromycin, the hormone progesterone and Vitamin B12.

“After having confirmed the availability of medicines for all possible contingencies currently envisaged, these restrictions have been largely lifted, ” foreign ministry spokesman Srivastava said.

https://www.cnbc.com/2020/04/07/ind...ia-drug-after-trump-warns-of-retaliation.html
 
This is the third thread on this news.
 
India just got mugged by the USA.
LoL Mugged I We getting bucks now :rolleyes::rolleyes::rolleyes:


there 30 countries are Asking For this Drugs

India can roughly make 100 tonnes of HCQ per month if needed India has 10 cr tablets,can treat 7cr! Even if cases rise to 1 lakh within a month v hv enough stock for all

Now We can sell them at 300 % Price :agree::agree::agree:

Chinese Doing business So are We :lol::lol:
 
Oh NO!!

Trump Threatened SupaPowa2020!!

Wait SupaPowa2020 is scared of Trump.
 
I have checked the fact. We have drug restricted for coronavirus patients and not for everyone. This drug is for pandemic not for phobia.
Correct. Anecdotal evidence seems to suggest taking hydroxychloroquine with prophylactic intent is as good as drinking cow urine. Evidence on its use therapeutically in moderate-severe cases is mixed.
 
LoL Mugged I We getting bucks now :rolleyes::rolleyes::rolleyes:


there 30 countries are Asking For this Drugs

India can roughly make 100 tonnes of HCQ per month if needed India has 10 cr tablets,can treat 7cr! Even if cases rise to 1 lakh within a month v hv enough stock for all

Now We can sell them at 300 % Price :agree::agree::agree:

Chinese Doing business So are We :lol::lol:
Spin it any way you want. India was forced to do this.
 
So India buys Chinese APis and then mixes it to sell to US? Modi is really quite a obeying poodle. Lol
 
Spin it any way you want. India was forced to do this.
Sure S-400 Is more Strategic Move than Some drug

Along With USA India Giving Partial licences To Countries on demand pharma stocks on fire going up by 10-15%
Pharma stocks rally; Nifty Pharma index surges 10%, Ipca Labs hits new high
https://www.business-standard.com/a...a-ipca-labs-hit-new-highs-120040700441_1.html
  • Unrestricted Access to USA market for its Pharma companies
  • Lift all bans levied by US FDA
  • FDA will not harass Indian Pharma companies henceforth
Capitalism is process Of Making Money Even in human veracity
US Pharma's Are Doing It for decades in Pandemics ,Chinese are New King,India Is Learning
 
Sure S-400 Is more Strategic Move than Some drug

Along With USA India Giving Partial licences To Countries on demand pharma stocks on fire going up by 10-15%
Pharma stocks rally; Nifty Pharma index surges 10%, Ipca Labs hits new high
https://www.business-standard.com/a...a-ipca-labs-hit-new-highs-120040700441_1.html
  • Unrestricted Access to USA market for its Pharma companies
  • Lift all bans levied by US FDA
  • FDA will not harass Indian Pharma companies henceforth
Capitalism is process Of Making Money Even in human veracity
US Pharma's Are Doing It for decades in Pandemics ,Chinese are New King,India Is Learning
Enjoy while it lasts. The USA will not be importing drugs, medical equipment, or PPE in the future. This crisis has guaranteed this.

I am tlking about these... are you sure pakistan produces more than India?
View attachment 621397
Drugs are heavily regulated in USA. Pakistan manufacturers not approved by the FDA. Indian manufacturers are approved by the FDA.
 
Enjoy while it lasts. The USA will not be importing drugs, medical equipment, or PPE in the future. This crisis has guaranteed this.
Well Want FDA to lift restrictions
In US Markets For Us
 

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