在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Americas

New tariffs on China may raise US drug prices

By ZHANG RUINAN in New York | chinadaily.com.cn | Updated: 2018-04-05 09:00
Share
Share - WeChat
Photo/VCG

US consumers could face higher prescription drug prices if tariffs proposed by the Trump administration go into effect on dozens of key ingredients made in China and used by pharmaceutical companies.

"We are concerned that the proposed tariffs may lead to increased costs of manufacturing for generics and biosimilars and thus higher prescription drug prices for patients in the US," Jeffrey Francer, senior vice-president and general counsel of the Association for Accessible Medicines, said in a statement on Wednesday. The association represents prescription drug manufacturers.

Ben Wakana, executive director of Patients for Affordable Drugs, a bipartisan organization that supports lower drug prices, said in an email that tariffs on ingredients in drugs would run counter to US President Donald Trump's promise to lower drug prices. "For an administration that wants to lower drug prices, this would do the exact opposite," he said.

"We are eager to read the comprehensive set of recommendations the administration promised to release in the next few weeks, but the tariffs announced would be a step in the wrong direction. It's a tax that would raise prices on prescription drugs," Wakana said.

The Trump administration on Tuesday placed 25 percent tariffs on some 1,300 industrial technology, transport and medical products. The US action targets about $50 billion of estimated 2018 imports and is aimed at hampering China's efforts to upgrade its manufacturing base.

The tariff would be placed on raw drug ingredients such as insulin used by diabetics, the anti-allergic-reaction drug epinephrine as well as vaccines, blood products and antidepressants, according to the list. The tariffs would also target medical devices and diagnostic equipment, including syringes, MRI machines, defibrillators, artificial joints and pacemakers.

According to the US Food and Drug Administration (FDA), more than 80 percent of the ingredients used to make drugs consumed in the US are produced outside the country. China and India account for most of the bulk ingredients, and the FDA has called China a "major provider".

Last year, China exported $29.1 billion worth of active pharmaceutical ingredients globally, according to the China Chamber of Commerce for Import and Export of Medicines and Health Products.

For brand-name drugs, raw ingredients used by manufacturers are typically a tiny fraction of a product's cost. They can be more important for generic medications that are essentially low-cost commodity products. Thus, patients who use generic drugs may see a bump in price as drug makers pass along their increased costs due to the tariffs.

Some drug makers and advocates for patients said they were still assessing the potential impact of the tariffs and they were trying to negotiate with the US Trade Representative.

The Pharmaceutical Research and Manufacturers of America (PhRMA), an advocacy group that represents the pharmaceutical industry, said in an email, "We look forward to working with the administration to ensure that American innovation is protected and valued and that we maintain a robust global environment for innovative medicines."

The US is seeking public comment on the USTR list until May 11 and will hold a public hearing on May 15 in Washington. After that, companies will have until May 22 to file rebuttals.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 亚洲精品久久久久久久久久久久久 | 久久久久久久国产精品 | 精品免费一区 | 一二三四区在线观看 | 美女福利视频网站 | 欧美视频亚洲视频 | 91精品一区二区 | 成人久久久精品乱码一区二区三区 | 成人a在线视频免费观看 | 91精品国产一区二区三区 | 亚洲男人的天堂在线 | 国产精品久久久久久久久久东京 | 久久国产精品一区二区三区 | 91在线精品一区二区 | 久久精品影视 | 久久青青视频 | 曰本人做爰大片免费观看 | 亚洲久久 | 欧美二区三区 | 亚洲国产成人在线 | 午夜噜噜噜 | 国产精品自产拍在线观看桃花 | 成人免费一区二区三区视频网站 | 国产乱肥老妇国产一区二 | 久久久性色精品国产免费观看 | 国产成人精品二区 | 久久三区 | 天堂一区二区三区在线 | 精品久久一区二区 | 91视频免费网站 | 播放一区 | 午夜免费影院 | 影音先锋成人资源网 | 丁香婷婷久久久综合精品国产 | 国产精品国产毛片 | 国产在线观看91一区二区三区 | 三级成人在线 | 青青草视频免费在线观看 | 亚洲精品色| 中文字幕免费中文 | 午夜影院在线观看 |