Watch: Bizarre crab connection leaves EU medicine supply in a pinch
A persistent medicine shortage has plagued Europe over the past few years, driven largely by rising demand and supply chain disruptions. From reshoring and stockpiling to a more unexpected remedy presented by crab breeding, ING's Diederik Stadig outlines a few possible routes to recovery
In recent years, we've seen the weight of the Covid shock and rising geopolitical tensions taking its toll on governments across the globe, with seemingly endless knock-on effects on both supply chains and shifting patterns in demand. Adding lower prices into an already fragile mix has seen countries across Europe plagued by a persistent drug scarcity – and the prognosis? Things are going to have to get worse before they get better.
The good news, however, is that there are a few viable options signalling hope for a return to health for European supply. Interestingly, ING's Diederik Stadig points to the breeding of the South Carolina horseshoe crab as an unexpected – yet promising – route to recovery.
Find the full report on the EU medicine shortage and bizarre crab connection here
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