[Guid_NewGuid]

It was interesting to read how much of the US drugs market relies on imports. The article deals with the high value stuff. However, by volume, 90% of drugs used in the US are cheaper generics often with no US manufacturers. The US is heavily reliant on India and ultimately China for both active pharmaceutical ingredients and key starting materials. With 80% of Indian production using starting materials from China.[0]

The US had no domestic production of penicillin between 2004[3] when its last plant shuttered until 2021 when a factory reopened.[1] (source 1 and 3 appear to contradict, the 2019 testimony states there was no manufacturer after 2004 whereas it sounds like the plant closed in 2020, regardless the domestic capability is extremely weak)

As usual for American sources this is painted as some nefarious scheme by the evil red Chinese to destroy America by making cheaper drugs available. To add my own editorialising I think US companies are easily capable of ruining US manufacturing and focusing on screwing US patients over.[2] The average citizen should probably be glad of low cost Chinese supply, but nurturing domestic capability as per Biden is sensible.

[0]: https://prosperousamerica.org/skyrocketing-pharmaceutical-im...

[1]: https://www.fiercepharma.com/manufacturing/reopening-penicil...

[2]: https://www.rand.org/news/press/2024/02/01/index1.html

[3]: https://www.uscc.gov/sites/default/files/RosemaryGibsonTesti...

[4]: sources per https://youtu.be/hS0-ugYA-ko?si=xCNzctCGr9f2M7ct

[reactordev]

It’s so ironic. Just a couple weeks ago he was touting how he’s getting drug prices down. Except the tariffs kicked in, and now we’re going to be paying 50% more for those generics. If this were a chess move, we just lost our rooks.

[Incipient]

To continue the analogy, if the US lost a rook, everyone would take notice "damn that was a big blow".

I think it's more like losing a pawn. Except now others have taken 3 unanswered pawns and everyone said "eh we've still got our queen" but now the queens are looking shaky and you're staring down a 3 pawn short endgame and no one believes you can turn it around.

[lenkite]

Actually iPhone, Pharma and RING BELLS Processed Petroleum Products exported by India are currently exempt from US import tariffs.

US wants to punish India for importing Russian oil - except when US themselves are consumers of that processed Russian oil.

[herbst]

He claimed to bring prices down while (not after or before) increasing prices for meds from Switzerland for his people. With very little consequences on the Swiss market.

He lied, obviously.

[herbst]

Wait the evil Chinese made drugs cheaper? That's evil!!!