Drug shortages in US spike nearly 50% as supply issues strain healthcare system
- There are currently 301 national drug shortages in the US, a 49% increase from early 2018.
- Shortages of drugs like Adderall and Ozempic are caused by unexpected demand spikes, manufacturing problems, and tight ingredient supplies.
- Medications that generate thin profits have little incentive for manufacturers to make and store large amounts in case of a shortage.
- Shortages can lead to treatment delays, medication switches, and other hassles for patients, and doctors may be forced to prescribe less effective alternatives.
- It is difficult to predict when shortages may be resolved, and future shortages are possible due to overreliance on foreign sources for raw materials and lack of end-to-end visibility into the pharmaceutical supply chain.