Indian Drug Exporters Face Formidable New Rules In EU
This article was originally published in PharmAsia News
Executive Summary
Indian drug makers may find it difficult to export their wares to the European Union after Nov. 30. EU law says all drugs and chemical products, foreign and domestic, must be registered by that date with the European Chemicals Agency. The registration rules are extensive and detailed and must be followed or products cannot be allowed in the EU. Pharmaceuticals are estimated to comprise more than 35 percent of the Indian chemicals exported to the EU, yet few companies appear aware of the costly new requirement. (Click here for more