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0 -0.000714540907466937 -0.000714540907466937 -0.000621650589496323 -0.000714540907466937 0.000714540907466937 0.00178635226866741 0.00214362272240081
Stock impact report

Strait of Hormuz standoff puts supply of America's generic drug prescriptions at risk [MSNBC.com]

Dr. Reddy's Laboratories Ltd (RDY) 
US:NYSE Investor Relations: drreddys.com/investors
Company Research Source: MSNBC.com
Recent supply chain disruptions and freight rate increases are a warning sign, but not a red alert, according to Tripathi. "Early signals are already starting to show up in freight markets, with some reports of rising air cargo rates out of India and growing concern among manufacturers about potential inventory pressure," he said. If the strait stays closed, "shortages will start to surface," he said.Air cargo rates from India have reportedly climbed 200 to 350 percent for some routes, according to Blough. Because most pharmacies and wholesalers operate on a just-in-time inventory model for generics, he warned that sustained disruption could start showing up for consumers within four to six weeks — first as shortages or delays for high-volume medications like diabetes drugs, hypertension treatments, statins, and antibiotics, and potentially extending to some temperature-sensitive therapies, including certain cancer treatments.The longer the war lasts, there is a real likelihood that c Show less Read more
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