ALEXANDER GRAY: Chinese Drugs Are America’s Most Dangerous Addiction
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Final week, the Home Vitality and Commerce Subcommittee on Oversight & Investigations held a listening to to debate vital points surrounding America’s pharmaceutical drug provide challenges. Although the subcommittee is correct to offer this difficulty the main focus it deserves, there’s one problem on this regard that stands far out above the remaining: our alarming dependence on Communist China for our provide of pharmaceutical medicine.
The COVID pandemic introduced many of those difficulties to fruition as shutdowns in China caused shortages of key medical provides in america. Round 80% “of the essential parts utilized in U.S. medicine” come from China and India. Even most of the medicine which are imported to America from India and Europe are reliant on Chinese language provide chains based on a latest report from The White Home. Chinese language pharmaceutical corporations have supplied as a lot as 90 % of the antibiotics, vitamin C, ibuprofen and hydrocortisone in america. If COVID disruptions may create havoc within the U.S. healthcare system, think about the catastrophic penalties in an occasion of a battle that fully shut down commerce with China.
Because the principal Trump White Home official accountable for the nation’s protection and manufacturing industrial base, I’ve seen firsthand the scope of this problem. Our pharmaceutical provide chains aren’t simply central to curing and treating horrible ailments, bettering public well being, and creating good-paying jobs throughout America. They’re additionally some of the vital battlegrounds in China’s grand technique to displace america as essentially the most highly effective nation on earth.
Congressman Morgan Griffith (R-VA) — the Chairman of the Subcommittee — has rightly said that “China poses essentially the most important overseas problem to america within the twenty first century.” He’s proper, and our present dependence on Chinese language pharmaceutical provide chains is definitely one in every of our nation’s biggest weaknesses on this battle.
Nevertheless, as extreme as this risk seems now, it’s solely persevering with to develop worse. In 2015, China announced a 10-year strategic plan to turn into the worldwide chief in biotech. Recognizing its strategic significance, China continues to take a position large sums into creating this sector and these investments are producing speedy outcomes. Since simply 2020, US imports of Chinese language prescribed drugs have grown by 485 %.
In the meantime, China continues to overtly violate the foundations of honest competitors. Based on the pinnacle of the U.S.-China Financial and Safety Assessment Fee, China has stolen over $2.4 trillion in U.S. mental property (IP), together with from American biotech. Simply final week, the Biden administration warned that China has been backsliding on its guarantees to “present a stage taking part in area for IP safety and enforcement,” urging their Chinese language counterparts to uphold agreements implementing IP safety reforms.
Regardless of all of those difficult headwinds, america nonetheless retains key benefits, remaining far forward of China on medical innovation. America accounts for greater than half of drug patent inventorship.
To win the twenty first century, america should beat China in innovation whereas shoring up our pharmaceutical provide chains to guard from threats. That can require strengthening mental property protections to encourage innovation, holding China accountable for his or her continued mental property theft, and investing in manufacturing to finish our dependence on China.
Speaker McCarthy and Consultant Mike Gallagher just lately wrote in a joint op-ed, “to win the brand new Chilly Warfare … step one is to revive our provide chains and finish important financial dependencies on China.” We urge Congress to maintain these pressing targets entrance and heart in approaching America’s pharmaceutical provide chain challenges.
Alexander Grey just lately served as Deputy Assistant to the President and Chief of Employees of the Nationwide Safety Council (NSC) on the White Home, in addition to Particular Assistant to the President for the Protection Industrial Base on the White Home Nationwide Financial Council (NEC).
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