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pharmaceutical importsCNBC
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76% Informative
Port of Norfolk , Virginia , is critical to both companies' drug supply.
Novo Nordisk says it is redirecting trade to air freight.
Ozempic, Wegovy, Mounjaro and Zepbound are among the trade casualties in the ILA union port work stoppage.
The East Coast ports are also a gateway for generic medicine made in India .
Baxter International has a key facility in North Cove , North Carolina , that was damaged.
A similar incident occurred in 2017 when Hurricane Maria devastated multiple pharmaceutical and medical device plants in Puerto Rico , leading to shortages of IV fluids and other patient-critical materials.
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