Posted on 03/20/2020 9:28:16 AM PDT by Zenyatta
Sen. Tom Cotton (R., Ark.) introduced legislation Thursday to repatriate pharmaceutical manufacturing from China to America, aiming to reduce a dependency that could seriously limit the U.S. coronavirus response.
The bill, which Cotton introduced with Rep. Mike Gallagher (R., Wis.), aims to severely curtail the volume of Chinese active pharmaceutical ingredients (APIs) from the U.S. medical drug supply. The PRC currently produces most of the world's APIs—the "active ingredients" in commonly used drugs—leaving the United States and other nations critically dependent on it for medicines.
(Excerpt) Read more at freebeacon.com ...
Bringing back critical production to the USA would be the sane thing to do.
Libs are a virus....the Demavirus.
Simple: write the law to state that if they want to sell a drug in the US market, 51% of each ingredient and 51% of the final product must be manufactured in the USA..............
Over the last several years, I have seen many industries rethinking their offshoring. Hopefully, businesses will now learn that the cost of offshoring outweighs any perceived “savings”.
You coined it!! Please use that term often, I hope it sticks!
Note that this is only happening, IMHO, because China threatened to stop export of drugs to USA.
Thank you Dick Nixon.
As I understand it, there are 5 other countries producing more pharmaceuticals for the US than China. But that they produce most of our face masks and other devices.
Yes but think of this. Go back six months and think about how how often people complained about the cost of prescriptions. There’s a reason all of these drugs come from China. So the prices will be going up.
#Nuke China
“...So the prices will be going up....”
Without a doubt, but it’s better than crippling our entire nation and the killing of our people by being held hostage by these communist SOBs and their communist RAT counterparts here.
Libs are a virus...the Demavirus.
I am not sure if any government action is needed to persuade the pharma industry to shift their production back to the US. Their earlier decision to make their drugs in China is costing them.
The obsession of businesses in this country to generate the highest possible profit margin has come back to bite us in the ass. Fine for some products, but not the critical items.
Similarly, so many companies are looking at all the outsourcing to India for the same reason. The Pune region there is on lockdown. Help Desks across the country have little to no staffing because of it.
The large multi-national bank I work for is hurriedly re-insourcing our help desk as I type this because the workforce there has dropped by 70% for us.
Our Senior IT Leadership is almost at war with our Business folks over it. They want us to cover their bad decision to outsource so much to india, and want us to quickly create a a help desk here. No one is volunteering to help. I was asked and I refused. :-)
I'm a Senior Infrastructure Architect ... I'm not the guy you want on a help desk anyway.
The version I heard is that 80% of all pharmaceuticals in general and 97% of our antibiotics come from China.
Once this ends, absent government action, it’ll be “full speed ahead back to cheap Chinese crap”.
Bring it ALL back. Cut the cord with China completely. Companies don’t want to come back? Tax the h.e.doublehockeysticks out of them until they pull back. China is enemy #1 with Russia right behind.
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Xi, or one of his flunkies recently threatened to limit meds shipments to USA because something didn’t suit him. That should be all the warning we need to compel us to bring it all back home, forthwith. Many of our drugs were once made in Puerto Rico. I suggest that any which can’t be brought back to CONUS should at least be brought to PR. A bunch of Bayer products are still being made in Puerto Rico.
Yes, yes, yes.
The same thing needs to be done for critical equipment found on our electrical grid and hospital equipment.
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