Pharmexil urges Centre to extend EoU sops

December 2007
Chemical Business;Dec2007, Vol. 21 Issue 12, p55
Trade Publication
The article reports that India's pharmaceutical body, Pharmexil, is urging India to extend export-oriented unit concessions beyond 2009 and let pharmaceutical companies establish units in special economic zones. Pharmexil's call is part of its efforts to obtain support for pharmaceutical companies who are reeling from the rupee's rising value. According to Venkat Jasti, CEO of Suven Life Sciences Ltd., the rising rupee has reduced 15% of the pharmaceutical sector's overall profits in 2007.


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