Mumbai pharmacies end Novartis boycott
Over 7,000 drug retailers in Mumbai, India, have ended a boycott of products marketed by Switzerland-based drug major Novartis and its generic subsidiary Sandoz, over direct-to-consumer sales. The refusal to dispense 198 medicines came into effect on April 1, according to the Economic Times of India, which also said that the manufacturers had agreed to provide an 8% and 16% margin to wholesalers and retailers, respectively, from June 1 in exchange for infrastructure and storage improvements by pharmacists.
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