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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 giant 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.
Resources and links:
Substack, for video transcript and direct links
https://open.substack.com/pub/....kdwalmsley/p/trumps-
Novo’s Wegovy Launched in China at a Fraction of US Price
https://www.biospace.com/drug-....delivery/novos-wegov
Bloomberg, Novo Nordisk Launches Wegovy in China With Prices Below US
https://www.bloomberg.com/news..../articles/2024-11-18
Fortune, Novo Nordisk launches Wegovy in China with prices well below U.S.
https://fortune.com/2024/11/18..../novo-nordisk-launch
China's Rising Role On The Global Stage In The Oncology Market
https://www.outsourcedpharma.c....om/doc/china-s-risin
Toripalimab Becomes First Immunotherapy Drug Approved for Nasopharyngeal Cancer
https://www.cancer.gov/news-ev....ents/cancer-currents
The US is relying more on China for pharmaceuticals — and vice versa
https://www.atlanticcouncil.or....g/blogs/econographic
Major Life Sciences Licensing Deal Trends in China in 2023
https://www.goodwinlaw.com/en/....insights/publication
Wall Street Journal, U.S. Drugmakers Are Breaking Up With Their Chinese Supply-Chain Partners
https://www.wsj.com/health/pha....rma/china-manufactur
Reuters, Merck signs up to $3.3 billion cancer drug deal with China-based LaNova
https://www.reuters.com/busine....ss/healthcare-pharma
Merck licenses Chinese cancer drug, searching for next Keytruda blockbuster
https://www.statnews.com/2024/....11/14/merck-keytruda
PBS, How Russian oil is reaching the U.S. market through a loophole in the embargo
https://www.pbs.org/newshour/s....how/how-russian-oil-
CBS News/60 Minutes, Russia works around international sanctions designed to cripple the economy amid war with Ukraine
https://www.cbsnews.com/news/r....ussia-works-around-i
Politico, Grappling with supply chain crunch
https://www.politico.com/newsl....etters/politico-puls
A Bilateral Approach to Address Vulnerability in the Pharmaceutical Supply Chain
https://www.csis.org/analysis/....bilateral-approach-a
Closing scene, Blue Moon Valley, Lijiang, Yunnan
This video explores the concept of the "Imaginary White Man"—a metaphor for internalized colonial mindsets that continue to oppress African people. We discuss how this mindset divides communities, fosters distrust, and perpetuates systemic inequalities. It’s time to reject this internalized oppression, recognize the real issues, and come together for unity and progress. Let’s stop seeing each other as the problem and embrace collective empowerment.
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#imaginarywhiteman #africanunity #decolonization #postcolonialafrica #africanempowerment #aeafilms #blackconsciousness #panafricanism #africanliberation
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Chinese tech giant Huawei Technologies launched its latest premium smartphone boasting new technological breakthroughs on Tuesday (Nov 26). The Mate 70 series is seen as proof that Huawei has made further progress in pivoting to self-reliance despite US sanctions. CNA’s Tan Si Hui reports.
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