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US browbeating Indian pharma firms: Azad

Union health minister Ghulam Nabi Azad has come down heavily on the US Food and Drug Administration (FDA), saying that the United States, fearing the challenge posed by Indian drug manufacturers, is trying to impose its own will on the local pharmaceuticals' industry and India would strongly retaliate to this at international forums.

Updated on: Feb 24, 2014 12:37 PM IST
Hindustan Times | By , Patiala
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Union health minister Ghulam Nabi Azad has come down heavily on the US Food and Drug Administration (FDA), saying the United States, fearing the challenge posed by Indian drug manufacturers, is trying to impose its own will on the local pharmaceuticals' industry and India would strongly retaliate to this at international forums.

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HT Image


His statement came a day after FDA commissioner Margaret Hambrug said the US was not targeting Indian pharma major Ranbaxy, whose drugs were recently banned from being imported into the US , or other Indian companies, but only ensuring quality control and compliance with FDA norms. "India is exporting drugs to 212 countries, which includes many developed countries. US companies are unable to accept this fact as they are losing out on competition, thus resorting to highhandedness towards Indian pharma companies," said Azad, who was here to lay the foundation stone of the Rs 150-crore super-specialty cell of Rajindra Medical College and Hospital.

"The FDA action against Indian firms is totally unwarranted and it's an attempt to stop the India pharma industry, which has taken over many markets in the world and ended the dominance of many developed nations," Azad said.

 
ABOUT THE AUTHOR
Vishal Rambani

Vishal Rambani is an assistant editor covering Punjab. A journalist with over a decade of experience, he writes on politics, crime, power sector, environment and socio-economic issues. He has several investigative stories to his credit.

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