Tariffs on China Could Affect Prescription Prices

Here is something most of us may not know. Below are the top 10 big pharma companies. ALL of them do most of their production in China. Why, overhead labor costs are cheap, cheap biochemist, cheap production costs and cheap raw products costs. So the cost of producing medications is very inexpensive, yet when they leave China, Americans pay the price. The same products are sold to India at a very reasonable price as well as most other countries in the world, yet America is their cash cow. Over 40% of generic drugs used in the U.S. come from India.which are made in China. India supplies nearly 30% of the U.S.'s total pharmaceutical imports. I can buy pharmaceuticals from India today at about 1/10th the price it sells for here in CVS, yet the CVS product comes from Indian companies. Azithromycin (500 mg) from India $0.60-$1.45/tablet, the same product in America $25 – $60 (3 tablets). I remember trying to get a hyaluronic acid injection for my shoulder, $1200 for the treatment at CVS, $23 from my source in China. How in the world have Americans allow this to happen..​

Eli Lilly - Hong Kong
Novo Nordisk - China, Hong Kong
Johnson & Johnson - multiple locations across China.
Merck - several locations in China
AbbVie - China
Roche - significant presence in China
AstraZeneca - China
Novartis - China
Pfizer - China
Amgen - Chinas

These companies are already making out like bandits.
 

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