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Trump tariffs could raise medication costs and exacerbate shortages, drug trade groups warn
President Donald Trump's steep tariffs on Canada, Mexico and China could worsen existing drug shortages in the U.S. and raise health-care costs for patients, some drug trade groups warn. They also said the import taxes could strain cash-strapped generic drugmakers and distributors.
Trump tariffs threaten US drug supplies and risk higher prices, trade groups warn
With President Donald Trump’s tariffs about to take hold, industry groups are warning that the move could hamstring U.S. pharmaceutical supplies and productivity, and put an extra strain on patients’ wallets,
Trade differences between U.S. and China could threaten prescription drug prices
While the threat of tariffs raises the specter of drug shortages and rising prices, patient advocate Dr. Bill Hennessy believes higher prices would be negligible for patients who rely on their medication.
Trump's China tariffs are likely to drive up drug prices and spur shortages
President Donald Trump’s executive order imposing a 10% tariff on Chinese imports is likely to drive up the cost of generic drugs in the United States and exacerbate drug shortages, experts say.
Tariffs on China threaten could drive up drug costs, exacerbate shortages: 5 notes
The recent imposition of a 10% tariff on Chinese imports is expected to raise the cost of generic drugs in the U.S. and worsen ongoing drug shortages, NBC News reported Feb. 3. Here are five more notes: China plays a significant role in the production of active pharmaceutical ingredients,
14h
on MSN
Patients will pay more for prescription meds and face drug shortages amid Trump tariffs, pharma groups warn
They’re a real threat to the U.S. pharmaceutical industry, trade groups warn, one likely to result in medication shortages ...
1d
China tariffs could drive up drug prices and spur shortages in the U.S.
President Trump’s tariffs on China could increase drug prices and spur shortages across the U.S. as a trade war looms. NBC ...
STAT
2d
Pharmalittle: We’re reading about tariffs’ effect on drug costs, a scrapped vaccine plant expansion, and more
This would reverse progress toward curbing drug shortages. AstraZeneca scrapped plans to invest $558.3 million in its vaccine ...
1d
on MSN
Pharmacies dealing with flu medication shortage
According to some pharmacies, patients are struggling to get the required medication they need due to the high flu rates. The ...
The Hospitalist
2d
Understanding the Inflation Reduction Act’s Impact on Prescription Drug Costs
The root of the U.S.’s high prescription drug prices lies in its unique system, which allows pharmaceutical manufacturers to ...
9d
Adderall shortage sparks scramble for ADHD medication alternatives
Adderall shortages have prompted doctors to switch kids with attention-deficit/hyperactivity disorder to other forms of ...
13d
on MSN
Mum vows justice over son's drug shortage death
The mother of a man who died after a pharmacy ran out of supplies of his epilepsy drug has said she will "fight for changes" ...
The American Journal of Managed Care
7d
Optimizing Oncology Drug Use While Mitigating Shortages
Chelsee Jensen, PharmD, BCPS, senior pharmacy specialist at Mayo Clinic, suggests that medical providers can reduce patient ...
1d
Angels for Change Announce 2024 Change Maker of the Year Award
Lindsey Thomas, Senior VP of Marketing at Fresenius Kabi USA, was this year's Angels for Change (A4C) 2024 Change Maker of ...
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