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by pfisherman
142 days ago
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They are currently eating our biotech lunch. Between cuts to NIH, chaos at FDA and CDC, and China’s intensive investment and buildout of their biomedical infrastructure the US is going to be getting lapped soon. Ask a biotech VC about it. But who knows, maybe if we keep the tariffs for another 10 years we can host the chemical manufacturing facilities that produce the drugs their biotechs sell to us after ours are no longer competitive. |
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https://www.reuters.com/business/healthcare-pharmaceuticals/...