We understand India’s pharmaceutical requirements: Joe Biden
The Hindu
The U.S. President was commenting on the country’s raw material supply issues related to COVID-19 vaccines
The Biden administration has conveyed to New Delhi that it understandsand promised to give the matter a due consideration, observing that the current difficulty in the export of critical raw materials needed to manufacture COVID-19 vaccines is mainly due to an Act that forces American companies to prioritise domestic consumption. President Joe Biden and his predecessor Donald Trump had (DPA) that leaves US companies with no option but to give priority to the production of COVID-19 vaccines and Personal Protective Equipment (PPEs) for domestic production to combat the deadly pandemic in America, the worst-hit nation. Since the US has ramped up the production of COVID-19 vaccines – mostly by Pfizer and Moderna – so as to meet the goal of vaccinating its entire population by July 4, the suppliers of its raw material, which is in high demand globally and sought after by major Indian manufacturers, are being forced to provide it only for domestic manufacturers.
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