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Pharma stocks down on Trump's bitter tariff pill
Financial Express Mumbai
|September 27, 2025
FROM THE FRONT PAGE
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"THE PROPOSED 100% tariff from October 1 on branded and patented pharmaceutical imports is unlikely to have an immediate impact on Indian exports, as the bulk of our contribution lies in simple generics and most large Indian companies already operate US manufacturing or repackaging units and are exploring further acquisitions.
Current investigations under the Section 232 appear focused elsewhere and have not taken a direct call on generics," said Namit Joshi, chairman of Pharmexcil, the export council for the sector.
"The social media post by POTUS (President of the United States) refers to patented and branded products supplied to US. It is not applicable to generic medicines," said Sudarshan Jain, secretary general of Indian Pharmaceutical Alliance (IPA), the industry body that consists of large Indian drugmakers.
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