Anonymous ID: b4c798 Feb. 12, 2020, 9:26 p.m. No.8121107   🗄️.is 🔗kun   >>1143 >>1381 >>1516 >>1675 >>1746

Book Review: China Rx: Exposing the Risks of America’s Dependence on China for Medicine

 

“Without firing a missile or hacking the electric grid, China can take America down by disrupting access to essential drugs,” write the authors of this important book.

This book is a fine piece of investigative journalism that educates the reader about the genesis of China’s grip on our supply of medications. China is now the largest global supplier of the active ingredients and chemical building blocks needed to make many vitamins, and prescription and over-the-counter drugs. These include antibiotics, steroids, and cancer drugs.

Until the mid-1990s, the U.S., Europe, and Japan manufactured 90 percent of the global supply of key ingredients for the world’s medications. Now more than half of the 4,000 active ingredients needed to make a make a pharmaceutical depend on China.

 

Our weakness for bargains has created a monster. The authors note that hospitals and retail pharmacies have become “like the big box stores, stocked with made- in-China items.” China’s winning formula is for a company—with the help of the government—to undercut the price of drugs or components; the artificially low price forces other companies out of the market; then the company is free to manipulate the price and supply at will.

But the authors warn that “cheaper drugs required a cheaper way to make them.” A light was shined on China’s poor manufacturing practices of ingestibles in 2007 with the well-publicized dog and cat-food recall. More than 4,000 pets died from renal failure due to contamination with melamine, an industrial chemical used in plastics manufacture.

 

The outrage over this “economically motivated contamination” of pet food dissipated while in the next year a far less-publicized drug contamination took human lives. Although “manufactured” by an American company (Baxter Healthcare Corporation), heparin was made in China under substandard conditions and was sold to unwitting hospitals with tragic consequences. One-third of the batches of heparin from China were contaminated. The book fully explores the heparin debacle, telling how it happened and what our government has done about protecting us in the future.

 

From the start, the authors received robotic, scripted, unhelpful replies to the straightforward question: where was this drug made? Searching for the answer, the authors delve into the loopholes in treaties and Food and Drug Administration (FDA) regulations that have allowed shoddily manufactured drugs for human consumption to be used in the U.S. Moreover, politics was interjected. The Transparency in Drug Labeling Act was introduced in 2008 to force drug labels to disclose where the drug was produced, not merely the location of the parent company. The law went nowhere, and it appears that the power of the drug company lobbyists prevailed over safety. Did this signal to China that the U.S. could be influenced by special interests, sometimes to the detriment of its populace?

 

China’s latest Five-year Plan for National and Social Development includes entering (and cornering?) the market on medical devices. The centralization of global supply in China leaves the world vulnerable. Not only can they disrupt the supply chain and cause shortages but purposefully create shortages or adulterate drugs. Keep in mind, the active ingredient for ciprofloxin to treat anthrax is in China’s hands.

This meticulously researched book is disturbing, but it is required reading for anyone who takes or prescribes medications. It is a real page-turner that reads like a novel and includes real-world scenarios. The authors included a detailed index, making the information readily accessible for repeated reading.

The Chinese think ahead with their well-known “five-year plans.”This book is a wake-up call for America to start planning for our future as well.

 

https://aapsonline.org/book-review-china-rx-exposing-the-risks-of-americas-dependence-on-china-for-medicine/

https://amzn.to/2IygpYD

Anonymous ID: b4c798 Feb. 12, 2020, 9:32 p.m. No.8121135   🗄️.is 🔗kun   >>1171 >>1381 >>1516 >>1675 >>1746

Official: Puerto Rico govt loses $2.6M in phishing scam

 

SAN JUAN, Puerto Rico (AP) — Puerto Rico’s government has lost more than $2.6 million after falling for an email phishing scam, according to a senior official.

The finance director of the island’s Industrial Development Company, Rubén Rivera, said in a complaint filed to police Wednesday that the agency sent the money to a fraudulent account.

Rivera said the government agency transferred the money on Jan. 17 after receiving an email that alleged a change to a banking account tied to remittance payments, according to a police statement.

Manuel Laboy, executive director of the agency, told The Associated Press that officials found out about the incident earlier this week and immediately reported it to the FBI.

 

“This is a very serious situation, extremely serious,” he said. “We want it to be investigated until the last consequences.”

Laboy declined to say how officials found out about the scam, whether anyone has been dismissed or how the company’s operations have been affected by the missing funds. He said an internal investigation is under way to determine whether someone was negligent or did not follow standard procedure, adding that government officials are trying to recover the money.

 

“I cannot speculate about how these things might happen,” he said, addressing heavy criticism from Puerto Ricans who were incredulous upon hearing the news.

Laboy added that his agency takes the management of public funds very seriously. “It’s a big responsibility.”

Police did not return calls for comment.

The situation comes as the U.S. territory remains mired in a 13-year recession that has in part forced the government to cut back on some services.

 

https://apnews.com/e03bea7e491b9c95350887880376562f