This story is from April 10, 2025
Desi pharma stocks sink on tariff plans
Pharma stocks dropped across the board by up to nearly 6% on Wednesday after US President Donald Trump signalled plans for major tariffs on drug imports. Stocks of major companies, including Cipla, Dr Reddy's, Lupin, Gland Pharma, and Biocon, plunged on the renewed tariff threat on Wednesday.
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