Last year, Americans spent over $600 billion on prescription drugs. That's more than ever before -- and more than any other country in the world.
Illustration on America’s dependence on Chinese manufactured drugs by Greg Groesch/The Washington TimesLast year, Americans spent over $600 billion on prescription drugs. That’s more than ever before — and more than any other country in the world.
America’s drug shortage crisis stems from an excessive dependence on imported pharmaceuticals, especially those produced in China and India. A Coalition for a Prosperous America analysis of the latest data from the federal government shows that a record 57.6% of U.S. pharmaceutical imports came from China and India in 2023.
The source of the problem is that the U.S. health system, especially hospitals, pushes hard to reduce the price of every pharmaceutical. This has driven production offshore, especially to China and India. Those countries have lower costs, in part because their governments subsidize drug production and drug exports.
The Indian drug producer Aurobindo Pharma has been cited repeatedly by the FDA for unsafe manufacturing practices, including “significant deviations” from safety protocols, “repeated failures” to address safety concerns, and “contamination at levels above the acceptable limit.”
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