The following chart, from Statista.com, highlights the world’s dependence on China for antibiotics. According to data from the International Trade Center (ITC), China is responsible or 42% of the world’s exported antibiotics, following by Italy at 10%, and India at 8.8%.
China’s domination of the pharmaceutical manufacturing supply chain doesn’t stop with antibiotics. China is responsible for 95% of ibuprofen imported into the US, 91% of hydrocortisone imports, 70% of acetaminophen imports, and 40% of US heparin imports.
Continue reading “China Dominates the Antibiotics Market”
