Easing of supply chain issues, hydroxychloroquine opportunity boost sentiments
Cardio-diabetic and respiratory segments clock robust growth
HCQ is the same drug that US President Donald Trump had sought from India and warned of retaliation if India did not supply the drug
Apart from the US, Brazil and Sweden have requested for the drug to battle the Covid-19 scare in their countries.
Hydroxychloroquine Sulphate was first synthesized in 1946 and is in a class of medications historically used to treat and prevent malaria.
India on Tuesday allowed the export of hydroxychloroquine to the US, which has emerged as the global hotspot of Covid-19.
Hydroxychloroquine is an inexpensive and easily available drug. However, its demand has risen dramatically ever since it was named as a possible treatment for Covid-19
Medicine is a therapeutic equivalent of Plaquenil tablets of Concordia Pharma of US