China’s efforts to contain the coronavirus by initially shutting down factories and keeping workforces at home could have global ramifications for public health around the world, including regarding diabetes, blood pressure, headaches and fevers.
Europe has been bracing for a similar impact. The European Union’s European Medicines Agency said last Thursday it was “analysing and monitoring” the potential impact of the outbreak on pharmaceutical supply chains into the EU, although it had yet to receive any reports of supply disruptions. Last year, the proportion of US imports of medicines that came from China included 95 per cent of ibuprofen, 91 per cent of hydrocortisone, 70 per cent of paracetamol, 40 to 45 per cent of penicillin and 40 per cent of heparin, according to data from the US Commerce Department.
“The drug supply situation is emblematic of a lot of issues in manufacturing: there was an explosion of offshoring of manufacturing to China, but we didn’t understand the strategic risk involved for a lot of these very important products.” China’s factories were struggling to restart production lines after the extended holidays, with some travel restrictions and other control measures remaining in place, making it difficult for workers to return to work and necessary supplies to be delivered.
Source: Healthcare Press (healthcarepress.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Parliament: Keep calm and diversify supply chain to ride out coronavirus outbreak, says Chee Hong TatSINGAPORE - No amount of stockpiling or diversifying of supplies can protect Singapore from unexpected external shocks if its residents do not keep calm and carry on, said Senior Minister of State for Trade and Industry Chee Hong Tat.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Singapore factory activity hit by sharpest fall in more than 5 years amid COVID-19 outbreakSINGAPORE: Singapore’s factory activity contracted sharply in February, amid an ongoing COVID-19 outbreak that has disrupted global supply chains ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Parliament: Construction firms getting support to cope with delays and shortages amid coronavirus outbreakSINGAPORE-The Building and Construction Authority (BCA) has advised government agencies to take a sympathetic view when considering extension of time requests for project delays due to the coronavirus outbreak, said Minister of State for National Development Zaqy Mohamad.. Read more at straitstimes.com. Good news for construction folks!
Source: The Straits Times - 🏆 8. / 63 Read more »
Trump blames Obama decision for coronavirus test kit shortageWASHINGTON (BLOOMBERG) - President Donald Trump blamed his predecessor for a nationwide shortage of test kits for coronavirus and claimed to have ended regulations put in place by Barack Obama's administration that limited the development of the diagnostic tools.. Read more at straitstimes.com. Haha.... He is in office for 4 years. He should blame George Washington. Lol
Source: The Straits Times - 🏆 8. / 63 Read more »
Coronavirus: Thai police raid recycling factory that sells used face masks as newBANGKOK (THE NATION/ASIA NEWS NETWORK, AFP) - A recycling factory that sold used face masks as new ones was raided by police in central Thailand's Saraburi province on Monday (March 2).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Singapore sends coronavirus test kits to MyanmarSINGAPORE - Singapore has sent medical supplies to Myanmar that will allow doctors to detect and contain the coronavirus outbreak.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »