>400% rise in cargo shipment deliveries of pharmaceuticals from India You probably don't realize that Arab airliners and airports are the logistic backbone of Indian pharmaceuticals entry into west. Now with most of Middle East airspace shutdown and airports ceasing operations expect medication prices around world to skyrocket.Lot of generics are made in India from antibiotics to statins and diabetic medications.
>>61945557All this means is China gets to be the middleman and win again. Since Russian shipping is off the table.
>>61945565I looked into it and in order for Chinese distributors to get into the US they'll need to wait years before FDA approves them. This might not hold true for rest of world but America pharmacy whole salers are dependent on Indian manufacturers. China makes the chemical ingredient but India formulates it.
its not just airlines lmao, shipping too, where do you think they'll get the fuel to transport millions of containers, this will halt global trade too
Well well too bad for the boomers needing medicine.
>>61945620Lot of pharmaceutical companies will be hit by this since agents used are made in China /india. And both gulf of Aden and Hormuz will be closed so oil prices will skyrocket in east Asia. And chemical manufacturing is energy intensive so the cost will be raised and passed onto consumer.
>>61945557I don't really care about the prices too much. They're already insane in the US, making them 3x or 100x worse doesn't matter. The most horrifying thing is that most medicine is made in India. It's really all placebo, innit? I could probably just eat my poop and it will act as an antibiotic.
>>61946009It'll matter cause lot of pharmaceutical companies will go bankrupt along with pharmacies. Avg pharmacy has slim margins so 1-3%And if India prices rise 2x then contract with insurance company might take weeks. So let's say they pay 12 for medicine, customer pays 5 and insurance pays 5 but they lose out on 2 dollars. Multiply this by hundreds of pharmacies and those 1-3% slim profit margins go to 0.
>>61946030>pharma companies karmically going bankrupt directly after covidI don't see the downside here
>>61946171CVS not so much but lot of private ones but I'd watch out for United healthcare since they're tied to state Medicaid which tends to pay a lot less and are biggest users of generics..
>>61945557Lufthansa is already reporting increased demand for cargo flights, and hopes to take some market share from the middle eastern carriers permanently. Planes can travel between Europe and India non-stop, avoiding the Persian Gulf.
