Coalition to Close the De Minimis Loophole

Coalition to Close the De Minimis Loophole Launches: Dedicated to Stopping the Importation of Slave-Labor Made Products and Illicit Drugs Ravaging Communities

The Coalition to Close the De Minimis Loophole launched today, representing thousands of voices, from the families of victims of fentanyl fatalities and nonprofit and nonpartisan organizations to labor unions, domestic law enforcement associations, domestic manufacturers, and business associations.

Prosperity Summit

Prosperity Summit Wrap: Industry Leaders Share Concerns With Congressional Staffers

Roughly 40 congressional staff members had a chance to meet with and hear from industry leaders as diverse as Florida farmers to multinational corporations in the renewable energy space about the trials and tribulations of competing with emerging markets that play by different rules. And often break existing ones.

FDA

House Committee Hearing Discusses FDA’s Shortcomings, Priorities of Supply Over Safety

The expert witness testimony made it clear that U.S. labs were treated differently than foreign ones, and despite increases in hiring at the FDA over the years, lawmakers have a lot to be concerned about when it comes to the FDA conducting proper oversight of foreign manufacturing facilities.

Ways & Means: Drug Shortages

House Ways & Means Discusses Solutions To Drug Shortages, Foreign Lab Dependence

According to expert testimony given by the witnesses, the crisis is being fueled by poor manufacturing practices that have led to recalls by foreign drug manufacturers, and the race to the bottom on generic drug prices that make it impossible for American generic drug makers to compete with subsidized competitors in India and China.

Aurobindo Report

New CPA Report: Aurobindo, Largest Generic Drug Provider to U.S. Market, has Substantial Ties to Sanctioned CCP Companies

CPA’s report exposes that “Aurobindo does business with at least four suppliers that have ties to organizations under US sanctions for their connections to China’s military industry.”

Reshoring Generic Drugs

Study Finds Over 90% of all Generic Drugs Dependent on Imports

The Active Pharmaceutical Ingredient Innovation Center (APIIC), a consortium of biotechnology industry, policy and academic leaders, said in a whitepaper released to the media on Jan. 24, that reshoring the manufacture of essential, life-saving pharmaceuticals was urgently needed.