Small India drugmakers struggle to meet US rules
They are under pressure to consider branching out to new, less-profitable markets or sell out to larger rivals
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Mumbai
INDIA'S smaller generic drugmakers, struggling to cope with a bruised reputation and tougher regulation in the United States, are under pressure to consider branching out to new, less-profitable markets or sell out to larger rivals.
Two years after its most high-profile regulatory setback to date in the US - Ranbaxy's US$500 million fine for drug safety violations - India's US$15 billion a year generic drug industry is still rebuilding its image in its biggest market.
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