Analysis
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| image-credit-m.economictimes.com |
What happened?
On April 4th India banned the export of Hydroxychloroquine and its formulations with
immediate effect.
India's Directorate General of Foreign Trade on April 4 banned the export of
Hydroxychloroquine and its formulations with immediate effect and made it clear that there
will be no exceptions.
What Trump said?
Trump at his daily news conference at the White House on Saturday 4th April 2020, said,
"I called Prime Minister Modi of India this morning. They make large amounts of Hydroxychloroquine. India is giving it a serious consideration, "
And I said I would appreciate if they (India) would release the amounts that we ordered
Why he said it?
With more than three lakh confirmed cases of coronavirus infection and over 8,000fatalities, the US has emerged as the global epicentre of the deadly coronavirus disease to
which there has been no cure.
The Indian Council of Medical Research (ICMR) has recommended the anti-malarial drug Hydroxychloroquine for those involved in the care of suspected or confirmed cases of the coronavirus.
Know more
- As Trump mentioned: US is not out of hydroxychloroquine tablets. They are making some in the U.S.A.
- U.S has ordered the tablets from around the world and many other countries are exporting these tablets to the U.S.
- India being a major producer of Hydroxychloroquine tablets can aid the U.S in its efforts to contain the Covid 19.
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| Image-credit-theprint.in |
India's Production Capacity
- Production capacity at present is 20 crore (1 crore = 10 million)
- As mentioned earler India is a leading producer of HCQ (hydroxychloroquine) with major Indian Pharma companies like Ipca laboratories, Zydus Cadila and Wallace Pharmaceuticals.
What is HCQ (hydroxychloroquine)
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Hydroxychloroquine isn't technically a malaria drug. It is a less toxic derivative of chloroquine, another malaria drug.
Conclusion
It is a preventive measure, not the solution. People are advised not to consume these tablets without proper medcal prescription.