Puerto Rico Manufacturing Proposition Analysis slide image

Puerto Rico Manufacturing Proposition Analysis

Recent events and trends may drive federal action to in-shore healthcare manufacturing Disruptive global events Current COVID crisis has highlighted multiple failure modes of healthcare supply chains globally Multiple uncertainties about future shocks and geopolitical conflicts persist Changes in trade laws and tariffs, esp. with China, and decline in global trade favoring local models Healthcare manufacturing trends Increased globalization of healthcare supply chains Shifts in network strategy, including increased outsourcing and use of CDMOs² Federal action Over 15 localization bills¹ to incentivize or require in-shoring of healthcare manufacturing introduced in US Congress in 2020 1. Examples include H.R. 6443 "Securing the National Supply Chain Act of 2020" (Rep. Gonzalez-Colon, R-PR- At Large), H.R. 6648 "Territorial Economic Recovery Act" (Rep. Plaskett, D-VI-At Large), H.R. 6903 (Rep. Green, R-TN), H.R. 6930 "MADE in America Act of 2020" (Rep. Carter, R-GA) 2. Contract Development and Manufacturing Organizations; inclusive of CMOS (Contract Manufacturing Organizations) Source: Congress. Gov, expert interviews, industry publications, BCG analysis 3 Copyright © 2020 by Boston Consulting Group. All rights reserved.
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