BASF hikes price pharmaceutical excipients active ingredients

BASF hikes price for pharmaceutical excipients and active ingredients

10:08 PM, 29th August 2011
BASF hikes price for pharmaceutical excipients and active ingredients

 

LUDWIGSHAFEN, GERMANY: Effective September 1, 2011, BASF will increase the sales prices globally for all pharmaceutical excipients and generic active pharmaceutical ingredients by 10 per cent. Due to the continued rise in costs for raw materials, energy and labour this price increase has become necessary. All existing contractual obligations will be honoured.

This price increase affects the entire excipients portfolio including all binders, disintegrants, coatings, solubilizers, and solvents. The affected generic active pharmaceutical ingredient (API) portfolio contains products like Ibuprofen, Caffeine, and Pseudoephedrine.

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