Uploaded on Aug 10, 2020
PPT on Trump signs Buy American First Pharma Executive Order.
Trump signs Buy American First Pharma Executive Order.
TRUMP SIGNS BUY AMERICAN FIRST
PHARMA EXECUTIVE ORDER
INTRODUCTION
• US President Donald Trump has signed an executive order to
prioritise purchasing certain drugs and medical materials when
made in the United States.
Source: Zee news
SCOPE OF THE ORDER
• The Food and Drug Administration to produce a list of 'essential
medicines, medical countermeasures and critical input' that will
be covered by the new requirements.
Source: Zee news
DOMINATION OF CHINA
• China has been the dominating global player in the production
of personal protective equipment (PPE).
Source: Flipkart
DOMINATION OF INDIA
• In the United States, 90 per cent of all prescriptions are filled by
generic drugs and, one in every three pills consumed is
produced by Indian generics manufacturer.
Source: BBC.com
DEFENCE PRODUCTION ACT
• Trump called for the Defence Production Act to compel
American companies to produce medical supplies and
equipment.
Source: Policy & Medicine
EXECUTIVE ORDER
• The executive order will require that US government agencies
purchase all the essential medicines that are needed from American
sources.
• It will wipe away unnecessary regulatory barriers to domestic
pharmaceutical production and support advanced manufacturing
processes.
Source: Daily Mail
USA MEDICINE DEPENDENCE
• USA over-dependent on foreign nations for essential medicines,
medical supplies and medical equipment like ventilators.
• This the reason USA is aiming at production of medicines at
their own country.
Source: Mumbai Mirror
INVESTMENT
• The order will set up basic demand to attract a level of
investment sufficient to provide for the needs.
• USA will need some time establishing it’s own pharmaceutical
industry.
Source: Shared
IMPACT OF COVID 19
• Trump decided this after an impact of Covid 19 within the
United States to obtain medical supplies and equipment .
• During the corona virus pandemic, USA has imported much of
the medicines and equipments from abroad.
Source: The Indian Express
USA ~ CHINA
• US will end its reliance on foreign nations for pharmaceuticals
and medical supplies, but he had singled out China.
• Trump said that Beijing would have to pay the price for the
wound it has inflected on America and the world.
Source: Asia Times
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