A US congressional commission is ringing alarm bells about China’s growing dominance over America’s drug supply, saying it is putting the country’s health in the hands of an adversarial nation.
Roughly one-in-four generic drugs taken by Americans rely on key ingredients from China, according to a report released Tuesday by the US-China Economic and Security Review Commission. The often low-cost staples account for 90% of the medicines used by Americans. Some of the ingredients — found in blood thinners, antibiotics and cancer treatments — are produced only in China.
With China’s recent restrictions on rare earth minerals top of mind, ...