Tag: Supply Chain

After leaving Congress early, Mike Gallagher joins Packers-Microsoft venture capital firm

Tina Marie (Ms. Cat)

After leaving Congress early, Mike Gallagher joins Packers-Microsoft venture capital firm

Gallagher’s move comes after media reports initially linked Gallagher to the data analytics company Palantir after he announced in late March he would leave Congress in mid-April — before the end of his current term. But when asked by the Journal Sentinel last month about the Palantir rumors, Gallagher dismissed them as “propaganda.

Related:

TitletownTech: Welcomes former U.S. Representative Mike Gallagher as senior strategic advisor

‘It All Comes Back to China’

Tina Marie (Ms. Cat)

‘It All Comes Back To China’

80% of the medications marketed in the US are manufactured offshore, 66% of those APIs come from China, and are then, often shipped to India, for final manufacture. Because of recalls and issues of quality, many drugs that we commonly use in hospitals have been in short supply for years. CIDRAP identified 156 medications “used in acute care that, if unavailable for a few hours or days, can lead to increased patient death rates.” Sixty have been unavailable off and on for years. More to the point

What we are seeing now is some products that are in a shortage and others that are in a very tight market,” he said. There was a 51 percent increase in demand for sedatives and anaesthetics in March, compared to the same period in January, before the coronavirus pandemic hit the US. Now, only 63 percent of these orders have been fulfilled. For analgesics, a kind of painkiller, demand rose by 67 percent. Orders for neuromuscular blockers, which relax muscles, rose 39 percent. 

[2018] Trump tariffs would take a $5B bite out of the medical device industry

Tina Marie (Ms. Cat)

Crist said that industry officials are “surprised and disappointed” by the situation, especially because the USTR report about potentially unfair Chinese trade practices didn’t even mention medical technology.

According to Crist, that $5 billion number could be higher if you take into account component parts like circuit boards that are not necessarily listed under medical devices on the Harmonized Trade Schedule.
— Read on www.medicaldesignandoutsourcing.com/trump-tariffs-take-5b-bite-medical-device-industry/