Much Ado About Nothing

Examining the future of the global pharma industry as two of the world’s biggest superpowers come to blows.

Key Points:

  • According to a new Pew Research Center survey in Q12021, 9 of 10 US adults (89%) considered China a competitor or enemy rather than a partner during the pandemic.
  • Still, in 2020, Chinese FDI in the US stood at the third position in pharma med-devices at $625 million despite the scrutiny tied to FIRRMA (Foreign Investment Risk Review Modernization Act).
  • This perception-based negativity will not impact the market. “Go China and No China” will soon be replaced by “No clarity over China.”
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