Inside China Business Trump tariffs, Wegovy, and why one fat American is worth more than 7 fat Chinese
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American officials are passing new regulations intended to drive Chinese companies out of our pharmaceutical supply chains. And drug companies seem to concur, as they say publicly that they, too, need to diversify away from China.
The reality is the opposite. US and European drugmakers make enormous profits from the drugs that are manufactured in China, then licensed for sale in the American market. Their motivation is the enormous price difference, between what patients pay in the United States, compared to the rest of the world.
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Novo’s Wegovy Launched in China at a Fraction of US Price
Bloomberg, Novo Nordisk Launches Wegovy in China With Prices Below US
Fortune, Novo Nordisk launches Wegovy in China with prices well below U.S.
China’s Rising Role On The Global Stage In The Oncology Market
Toripalimab Becomes First Immunotherapy Drug Approved for Nasopharyngeal Cancer
The US is relying more on China for pharmaceuticals — and vice versa
Major Life Sciences Licensing Deal Trends in China in 2023
Wall Street Journal, U.S. Drugmakers Are Breaking Up With Their Chinese Supply-Chain Partners
Reuters, Merck signs up to $3.3 billion cancer drug deal with China-based LaNova
Merck licenses Chinese cancer drug, searching for next Keytruda blockbuster
PBS, How Russian oil is reaching the U.S. market through a loophole in the embargo
CBS News/60 Minutes, Russia works around international sanctions designed to cripple the economy amid war with Ukraine
Politico, Grappling with supply chain crunch
A Bilateral Approach to Address Vulnerability in the Pharmaceutical Supply Chain
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