Antibiotics Must Cost More Than M&Ms, Sandoz Tells Governments

Drugmaker Sandoz Group AG called on European governments to protect local antibiotics manufacturing from a flood of cheaper Chinese products resulting from US tariffs.

The Swiss company said the price of the key ingredient in penicillin — a lifesaving product for bacterial infections like pneumonia — has roughly halved lately as Chinese suppliers turn from the US to Europe, putting pressure on its business.