FTC and HHS Investigate Causes of Generic Drug Shortages
The inquiry focuses on the influence of supply chain middlemen on drug pricing and availability.
- The FTC and HHS have launched an inquiry into generic drug shortages, focusing on the role of group purchasing organizations and drug wholesalers.
- The investigation aims to understand how these 'middlemen' influence drug pricing and availability, potentially leading to supply chain issues.
- Recent drug shortages have forced hospitals to ration crucial medications, including chemotherapy drugs, posing significant risks to patients.
- Legislators have proposed changes to Medicare payments and other measures to address the shortages and ensure drug availability.
- Public comments are being sought as part of the inquiry, with a focus on contracting practices, market concentration, and compensation of these middlemen.