Lupin, Cadila may have growth opportunity from Biden’s drug competition order — Panjiva
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Lupin, Cadila may have growth opportunity from Biden’s drug competition order

Canada 530 China 3053 Health Care 363 India 553 U.S. 5404

President Biden’s “Promoting Competition” Executive Order includes provisions to cut pharmaceutical prices including increasing imports from Canada and removing “pay for delay” deals in instances when drugs come off-patent. Supplies from Canada accounted for just 3.6% of U.S. pharmaceutical imports in the 12 months to May 31, down from 4.2% in 2017. Imports from Canada fell by 12.4% in the three months to May 31 driven by reduced shipments of anticonvulsants and immunosuppressants. Imports from India and China, which mostly represent generic drug supplier...

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