Concern that supply chain disruption could hit health essentials – and prices – from painkillers to cancer treatment
Middle East crisis – live updates
Britain is “a few weeks away” from medicine shortages ranging from painkillers to cancer treatment if the Iran war continues, according to experts, while drug prices could also rise.
The conflict has disrupted the supply of a myriad of crucial raw materials, including oil, gas, crop fertiliser and helium – and health essentials could be next.
David Weeks, the Texas-based director of supply chain risk management at the analytics group Moody’s, said: “It’s the perfect storm. We have the conflict in the Gulf that caused the strait of Hormuz to shut down, and India is known as the pharmacy of the world. They produce a lot of the generic [off-patent] drugs and APIs [active pharmaceutical ingredients]. With the geopolitical situation, it’s harder and harder to get those out.”
