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US tariffs on generic drugs impossible to absorb, says Indian pharma
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US proposed tariffs on generic drugs could reach 200%.
Indian pharma leaders say absorbing such tariffs is impossible on thin margins.
A 2-year window to build a US ecosystem is deemed unrealistic.
Leaders warn tariffs will be passed on to US consumers.
Alternatively, Indian firms may be unable to supply the US market.
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Rajeev Chandrasekhar / Jupiter Capital interests historically