"Mark Samuels, chief executive of Medicines UK, stated, "We're not in a crisis currently, but it's still a serious situation." This highlights the precarious state of drug supplies amid rising geopolitical tensions."
"David Weeks, director of supply chain risk management at Moody's, described the situation as "the perfect storm," emphasizing the challenges in obtaining medicines from India, the world's leading producer of generics."
Britain is nearing a medicine crisis with anticipated shortages of various drugs, including painkillers and cancer treatments, if the Middle East conflict persists. Rising air freight costs and disrupted supply chains threaten the NHS and patients. The US-Israel conflict has impacted shipping routes, forcing pharmaceutical companies to rely on slower sea freight. Experts warn that current stock levels may quickly deplete due to ongoing disruptions, particularly affecting high-value medicines that depend on air transport.
Read at London Business News | Londonlovesbusiness.com
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