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Israel-Iran War's Impact on Your Medicines: Companies Seek Price Hikes, Patients Face Rising Costs
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War's Shadow on Medicine: Pharma Seeks Price Hike, Patients Face Rising Costs
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News18
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17-03-2026, 10:00
War's Shadow on Medicine: Pharma Seeks Price Hike, Patients Face Rising Costs
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Israel-Iran war now impacting medicine raw materials, making them expensive and limited.
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Major Indian pharmaceutical companies demand government permission to increase essential medicine prices.
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If approved, prices of diabetes, BP, and other vital medicines could rise, directly affecting common people.
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Raw material costs up 30%; supply chains disrupted via crucial routes like the Strait of Hormuz.
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No immediate market hike, but prolonged war could lead to increased medicine prices in India within months.
Read Full Article on News18 in Hindi
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