Sino-File

Cashing in on chaos

“They just say they don’t have material, and when you pay them five times more, or 10 times, then they get material”

Sharvil-Patel-w

Sharvil Patel, managing director of drugmaker Zydus Cadila, tells the Financial Times that Chinese suppliers of raw materials have been price gouging. The Indian company is the largest producer of hydroxychloroquine, an anti-malarial drug that has seen soaring demand since Donald Trump promoted it as a “game-changer” in Covid-19 treatment.


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