Brief: India's Suven Pharma Says Lockdown Causing Shortage Of Raw Materials

Cohance Lifesciences

25/03/2020 08:51

March 25 (Reuters) - Suven Pharmaceuticals Ltd  SUVH.NS :
    * INDIA LOCKDOWN DUE TO COVID HAS CAUSED A SHORTAGE OF RAW
MATERIALS
    * LOCKDOWN HAS PREVENTED COMPANY FROM BEING ABLE TO EXPORT
FINISHED PRODUCTS
    * GOVERNMENT AGENCIES AT SEAPORTS, AIRPORTS ARE NOT
OPERATING TO
INSPECT, CLEAR FINISHED GOODS
    * THERE WILL LIKELY BE SUPPLY, SHIPMENT, PRODUCTION
DISRUPTIONS
WHICH IMPACT SUVEN
    * IN CONTACT WITH GLOBAL SUPPLIERS TO STAY AHEAD OF ANY
POTENTIAL
IMPACT TO DELIVERY OF GOODS INTO SUVEN FACILITIES

Source text for Eikon: [https://bit.ly/3ds1SfL]
Further company coverage:  SUVH.NS 

 ((bangalore.newsroom@thomsonreuters.com;))