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Around 50% of the pharmaceutical companies to shut down as market competition rises

Around 50% of the pharmaceutical companies to shut down as market competition rises

India which was suffering from shortage of masks now have a abundant stocks of surgical and N95 masks. The oversupply of masks is the issue and it is reported that 50 percent of the companies are planning to close its shutters very soon. The increase in demand led to the entry of many new planners & capitalizing whereas the existing companies were able to increase there supply by April only. Now that the demand has decreased due to various factors the new reign’s are all set to fall down.

 

 

 

 

 

Shivali Kaushik

Currently working with Indiashorts.com as a journalist. contact - shivalikaushik18@gmail.com