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Indian Antibiotic Faces Anti-dumping Duties in China

by Dr. Sunil Shroff on  June 17, 2007 at 1:57 PM Drug News   - G J E 4
Indian Antibiotic Faces Anti-dumping Duties in China
In its effort to safeguard the interest of its local pharmaceutical producers, China has imposed an anti-dumping duty of up to 37.7 per cent on Indian manufactured antibiotic sulfamethoxazole.
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The anti-dumping duty tax rate has been increased from 10.7 per cent to 37.7 per cent and the tax would be in effect for five years.

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Sulfamethoxazole is a sulfonamide bacteriostatic antibiotic and also serves as an important material in producing other sulfonamides. It is commonly used to treat urinary tract infections.

Source: ANI
MED/S
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