Covid-19: India bans exports of Trump-backed drug as demand surges


(BLOOMBERG): India’s government has banned exports of hydroxychloroquine as global demand surges for the malaria drug touted by US President Donald Trump as a potential Covid-19 treatment.

Exports will be limited to fulfilling existing contracts, while certain shipments on humanitarian grounds may also be allowed on a case-by-case basis, according to a statement issued Wednesday by the Directorate General of Foreign Trade.

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