Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

How competition between Chinese and Indian firms could reshape Africa’s drug markets

China is challenging India’s long-held dominance of the African market for antimalarial drugs in 12 of the continent’s hardest-hit countries, according to a new study. Last year, Chinese exports of antimalarial drugs reached US$89.3 million, nearly matching India’s US$89.6 million, according to Indian market research company Sol Gravitas. The gap has closed significantly since 2021, when Indian…

How competition between Chinese and Indian firms could reshape Africa’s drug markets

A new study reveals that China is closing the gap with India in the African market for antimalarial drugs, with Chinese exports matching India's in 2022. In 12 of the hardest-hit countries, Chinese exports reached $89.3 million, nearly equal to India's $89.6 million. This shift in dominance could lead to more choices for countries with high malaria rates and potentially lower prices.

However, concerns arise about product dependence and the future of local antimalarial research and development as these two giants compete on price. China's pharmaceutical manufacturing strength, competitive pricing, and expertise in artemisinin-based drugs give it an edge. India remains a major supplier of generic medicines and vaccines, but Chinese factories produce most of the key medicines purchased by the Global Fund.

While Indian factories make a significant portion of artemether-lumefantrine, the largest category of medicines covered by the study, Chinese factories dominate SPAQ co-blisters, injectable artesunate, and dihydroartemisinin–piperaquine. The study highlights the need for both countries to invest in African production, technology transfer, workforce development, and regulatory capacity to ensure supply security and quality standards.

Written by urgent.news from South China Morning Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at scmp.com →

More in Finance & Markets

More from Saturday 24 October →