The war between Israel and Hamas continues for the sixth day today. This war may open new opportunities for India's pharma industry.
The war between Israel and Hamas continues for the sixth day today. This war may open new opportunities for India's pharma industry.
Due to tension, pharmaceutical industry is facing crisis in many countries of West Asia.
Even though Israel is almost self- sufficient in the pharmaceutical industry.
But many countries like UAE, Bahrain, Oman, Qatar, Egypt are dependent on imports. Drug trade worth about $ 1 billion of these countries may be affected.
Many Indian pharmaceutical company work in the Middle East using Israel as their base.
In such a situation, the business of those pharmaceutical companies can be badly affected.