Even as oral Covid pills from Merck, Pfizer are being seen as game changers, generic drugmakers are getting a reality check that there may not be too much money on the table.
The agreement between the two firms comes days after Eli Lilly signed voluntary licensing agreements with Indian drug companies— Sun Pharma, Cipla and Lupin.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
COMMENTS