US Drug Shortage Reaches a Decade High: US Pharmacopeia Reports

5Mind. The Meme Platform
The Epoch Times Header

There were 125 drug shortages by the end of 2023.

Drug shortages are the highest in a decade, with 2023 topping the charts, according to United States Pharmacopeia’s first annual Drug Shortage Report (USP).

“The number of drug shortages has increased over a decade, with 125 active drug shortages monitored by FDA at the end of 2023. … This high number of shortages is a direct result of persistent market vulnerabilities,” the report authors wrote. “According to our analysis, over a quarter of drugs in shortage were new drug shortages (34 products) in 2023.”

USP is a nonprofit organization that sets quality standards for medication, dietary supplements, and food ingredients worldwide.

The report, published in early June, notes that the average drug shortage lasts more than three years and affects multiple types of drugs. Almost 25 percent of those drugs have been on shortage lists for over five years, and six drugs, including epinephrine injections, have been in short supply for a decade. Injectable generic medications have been hit hardest, comprising more than 53 percent of new drug shortages.

These drug shortages indicate vulnerability in the market and affect patient care.

“Unexpected shocks can break the system and disrupt the supply of quality medicines,” Anthony Lakavage, senior vice president for Global External Affairs at USP, said in a news release. “This worrisome trajectory leads to more frequent drug shortages, prolonged scarcity, and more people at risk of not getting the medicines they need, when they need them.”

What’s Causing the Shortage?

The report states that fundamental supply and demand are likely to blame for the drug shortages but adds that the problem in the United States is exacerbated by manufacturing complexity (e.g., sterile injectables). For instance, drug classes like antibiotics need dedicated facilities, and some active ingredients require complicated chemical synthesis.

Some of the other reasons for the shortages include:

By Amie Dahnke

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Louisiana Voters Reject Cassidy and His Costly Healthcare Policies

On Saturday, incumbent U.S. Senator Bill Cassidy (R-LA) finished in a distant third place in the Louisiana Republican primary with only 24% of the vote.

The Illusion of Ceasefire

Western diplomacy often views ceasefires as steps toward peace. Hybrid terrorist movements often use them to regroup, recover, reorganize, and strengthen for future conflict.

Mr. CIA COVID ‘Whistleblower’ Goes to Washington

The real question: How could an active CIA agent “blow the whistle” on the agency he works for all of his own volition?

South Korea Will Remain A Key Part Of The US’ Chinese Containment Plans

Trump-Xi optimism dimmed after a quieter U.S.-South Korea defense meeting in Washington raised doubts about easing Sino-US tensions.

When Institutional Language Becomes Policy

Frequency, tone, repetition, thematic emphasis, and omission can now be studied across large bodies of text. Patterns once dismissed as anecdotal can be analyzed and tested.

LA County’s Mental Health, Addiction Programs Could Provide a National Model, Says Kennedy

HHS Secretary RFK Jr. praised LA County’s “impressive” response to its deeply intertwined mental health, addiction, and homelessness crisis.

Judge Allows Gun Found in Mangione’s Backpack to Be Used as Evidence

The judge in the United Healthcare CEO Brian Thompson’s fatal shooting case ruled that prosecutors are allowed to use the alleged gunman’s weapon in the upcoming trial.

US Issues Travel Advisories Over Ebola Outbreak in Congo

The CDC released an alert over an outbreak of a strain of the Ebola virus in the DRC as the UN health body declared it an international emergency.

Trump Drops $10 Billion Lawsuit Against IRS

President Trump’s attorneys filed a court notice voluntarily dismissing his $10 billion lawsuit against the IRS and the U.S. Treasury Department.

Senate Confirms 49 Trump Nominees, Including Key Energy Officials

The Senate has confirmed 49 nominees selected by President Trump, including officials tapped to oversee federal land management and energy policy.

Trump Heading to China for High-Stakes Summit With Xi

President Trump is set to depart Washington for China, where he will meet with Chinese leader Xi Jinping for a high-stakes summit.

Tech, Business Leaders Set to Accompany Trump on China Trip

President Trump is bringing a delegation of business executives when he travels to China for a summit with Chinese Communist Party leader Xi Jinping.

Trump Nominates FEMA Lead Fired From Role a Year Ago

The WH released a list of nominees for various positions across the federal government, including former Navy SEAL Cameron Hamilton to take over aa lead.
spot_img

Related Articles

Popular Categories

MAGA Business Central