INDIA ANTI-BIOTICS
May 1st, 2005
BY KEITH NUTHALLTHE EUROPEAN Commission has proposed reimposing existing countervailing duties on imports into the European Union (EU) of Indian manufactured broad-spectrum antibiotics amoxicillin trihydrate, ampicillin trihydrate and cefalexin. Brussels fears EU producers would suffer from an abolition of protection, from Indian government production subsidies. The duty will be 32%, with six Indian producers paying lower rates, namely KDL Biotech Ltd, of Bombay (17.3%); Nectar Lifesciences Ltd, plus Surya Pharmaceuticals Ltd, of Chandigarh (28.1%); Nestor ...
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