Tag

Drug Supply Chain

All articles tagged with #drug supply chain

politics7 months ago

Trump's Pharma Tariffs Threaten Industry Stability and Innovation

President Trump’s proposal to impose tariffs on pharmaceutical imports aims to address trade imbalances but risks disrupting the supply of essential medicines in the U.S., which heavily depends on China and India for raw materials. While bringing manufacturing back to the U.S. could enhance national security, the low margins and high costs make it challenging, and a comprehensive approach involving innovation, modernization, and large-scale initiatives is needed to reduce dependency and ensure drug supply stability.

health1 year ago

"U.S. Legislation Threatens Drug Supply Chain and Biotech Firms"

Lawmakers are scrutinizing WuXi AppTec, a major Chinese company, over potential ties to the Chinese government, which has raised concerns about the U.S. supply chain for key drugs. The company is deeply involved in the development and manufacturing of crucial therapies for cancer, cystic fibrosis, H.I.V., and other illnesses, and its potential disconnection from U.S. pharmaceutical interests has rattled the biotech industry. Despite its significant role in the U.S. medicine chest, the Congressional spotlight on the company has led to discussions about potential national security threats and the impact of severing ties with the company.