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The American Society of Health-System Pharmacists (ASHP) reported that 323 "active medication shortages" were reported in January–March 2024. As a result of drug scarcity, many healthcare systems were forced to either ration out essential drugs, triage patients based on the severity of their condition and their need for the drug, or both.
"The pharmaceutical sample size tested does not give a full representation of human exposure. Only 17 out of 3000 prescriptions are screened for in drinking water." [citation needed] In addition, "The EPA and FDA regulations state that a drug or chemical is not considered harmful until clear evidence shows that a substance causes harm". [32]
Over time, industries rise and fall based on demographic trends, shifting consumer preferences and technological developments. However, in 2020, entire industries that were thriving as recently as...
Numerous governmental and non-governmental organizations have criticized the U. S. Food and Drug Administration for alleged excessive and/or insufficient regulation.The U.S. Food and Drug Administration (FDA) is an agency of the United States Department of Health and Human Services and is responsible for the safety regulation of most types of foods, dietary supplements, drugs, vaccines ...
The industry's various subdivisions include distinct areas, such as manufacturing biologics or total synthesis. The industry is subject to a variety of laws and regulations that govern the patenting, efficacy testing, safety evaluation, and marketing of these drugs. The global pharmaceutical market produced treatments worth a total of $1,228.45 ...
Would you hold a pharmaceutical product presentation in Hooters? That's just one of many alleged instances that the U.S. government lists as reasons to sue pharmaceutical giant Novartis . The ...
This alarming trend, which began before COVID, fuels a deadly cycle of a sick workforce and weakened economy.
Examples showing the variability of generic price decline. As competition drives the price of the generic product down, the average price in the market typically follows a scalloped curve which will decline with time at a rate that is driven by the numbers of license holders and manufacturers. [10] [11]