US health department sees limited impact to medicine supply from East Coast ports strike
Oct 1 (Reuters) -The U.S. Department of Health and Human Services (HHS) said on Tuesday its preliminary analysis showed that a strike by U.S. East Coast and Gulf Coast dockworkers should have a limited impact on the availability of essential goods such as medicines and medical devices.
The dockworkers began their first large-scale stoppage in nearly 50 years earlier on Tuesday, halting about half the nation's ocean shipping after negotiations for a new labor contract broke down over wages.
"We take our commitment to protecting and strengthening supply chains very seriously, and HHS has been closely tracking the situation at East Coast and Gulf Coast ports in preparation for potential impact," the department said in a statement.
The HHS said it would work with other federal agencies and manufacturers to identify and alleviate potential shortages of life-saving products.
Reporting by Manas Mishra in Bengaluru; Editing by Shinjini Ganguli
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
