Skip to comments.Hospitals Scrambling for Medications Amid Growing Drug Shortage
Posted on 05/30/2011 9:01:22 AM PDT by TennesseeGirl
WASHINGTON -- A growing shortage of medications for a host of illnesses -- from cancer to cystic fibrosis to cardiac arrest -- has hospitals scrambling for substitutes to avoid patient harm, and sometimes even delaying treatment.
"It's just a matter of time now before we call for a drug that we need to save a patient's life and we find out there isn't any," says Dr. Eric Lavonas of the American College of Emergency Physicians.
The problem of scarce supplies or even completely unavailable medications isn't a new one but it's getting markedly worse. The number listed in short supply has tripled over the past five years, to a record 211 medications last year.
Read more: http://www.foxnews.com/health/2011/05/30/hospitals-scramble-medications-amid-growing-drug-shortage/#ixzz1Nr3MhZfO
(Excerpt) Read more at foxnews.com ...
Remember when we were told NOT to order meds online -- even from Canada -- or else we were all going to die from substandard pharmaceuticals?
cut the time between the created drug and the generic.
Obamacare will fix these problems. </sarc.>
“cut the time between the created drug and the generic.”
Then why will drug companies create new drugs?
Note to self - don’t get sick and if I do get sick don’t do it after 3 pm on a Friday.
I was thinking the same thing as I read this.. also came to my mind most drugs are not even produced here anymore.. they are made in China .. China could just cut off the supply if they wished..
If this is what’s happening before ObamaCare, I dread what’ll happen after it takes effect.
So FedGov messes with the FDA regs to delay new meds and cut the supply of others.
Be prepared for FedGov to step in with EMERGENCY LAWS that must be passed without review, to fix the Crisis (that they created).
Think of all the different âshortagesâ that have been reported lately. The politicians with their incompetent demagoguery, taxes, laws and regulations are killing our economy. You can be sure the politician and his immediate family and friends will have any and all necessary medicines. Perhaps when enough people watch their loved one’s die for lack of medicine while they see fat degenerate pols living like kings they will take the “pols” naked to the wall.
This is the main paragraph. What happens is that generics are cheaper -- and since they are cheaper, and carry such a narrow profit margin, companies are not going to jump to make them.
Meanwhile, cash-strapped hospitals are not going to maintain inventories of critical meds, instead depending on "just in time" deliveries. And distributors are not going to maintain inventories, due to how IRS taxes inventory as assets at the end of the fiscal year. So any interruption of the distribution chain means that people will die.
They won’t create any new drugs. They will go Galt. I can’t imagine any conservative suggesting this.
Did you read the article? It is the GENERIC drugs that are in short supply, due to non-viable profit margins. See my post #11.
The problem is the FDA. When it costs a pharma $500 million to $1 billion to get a drug to market, there’s a serious problem. Get the gov. out of the way and reduce the time and money it takes to get a viable, effective drug to the patients.
wake up voters...Hussein Obama has got to be returned to Chicago or maybe Hawaii or Kenya in 2012 if not sooner.
All brought to you by Obamacare, one way or another.
Injectable drugs have to be sterile and meet high purity standards. When they go off patent, they are even less attractive for the drug houses to devote production to.
Something tells me that ultimately this pertains to a combination of overregulation, insane tort laws and ambulance-chasing lawyers. If it doesn’t pay to produce it, nobody is going to produce it.
It will be conveyed as "If you think the shortage is bad NOW, just think how bad the shortage would be if Obama wasn't promoting government health care!"
We are on the slippery socialistic slope to third world mediocrity. Thanks, libs, thanks, progressives, thanks Marxists, thanks ignorant lazy voters!
A bigger problem is the tort lawyers. A big part of that $1B is making enough clinical tests to try to convince a jury that the company did all it could to anticipate adverse effects.
Tort reform would be needed, where jury awards would be capped at $1M for death/total-disability due to adverse drug effect, and going down from there.
From the article: "Some experts pointedly note that pricier brand-name drugs seldom are in short supply. The Food and Drug Administration agrees that the overarching problem is that fewer and fewer manufacturers produce these older, cheaper generic drugs,"
No truer words were every said.
Humm, don’t you think that it may make the problem worse?
Big Pharma’s revenge: You WILL use our overpriced drugs or YOU WILL die!
To make my prejudices worse, I heard of a government-paid-for program where people are urged to turn in their unused drugs. They reported there were 8 TONS of drugs turned in in one year. This is an outrage. Taxpayers probably paid for many of these drugs and now they can pay to dispose of them.
I won’t hold my breath waiting for that. The sheeple will be told it’s Big Pharma’s Fault, Wall Street’s Fault, The Republicans’ Fault.....works every time.
” And distributors are not going to maintain inventories, due to how IRS taxes inventory as assets at the end of the fiscal year.”
You have that exactly right - the way the tax code is written it just makes doing business the right way impossible. IRS should be dismantled and let people and businesses run their own lives. It’s all part of the “government knows better” nonsense that is destroying us.
Many friends have had the exact same experience. obamao needs to go!
Obam will use this “emergency” to implement a single payer system.
“generics are cheaper — and since they are cheaper, and carry such a narrow profit margin, companies are not going to jump to make them.”
But if there is a shortage of generics, then why doesn’t the price rise to eliminate the shortage and make it worthwhile to produce them?? It’s gotta be an artifact of some kind of price regulation. Probably the insurance companies or government simply won’t pay more than they are for a generic.
Something happens to bring things to a point where there's only one provider, and that provider is not making much of a profit. Given two or more providers, I'm going to guess that regulations mandated picking the one with the lower price, until there was only one.
Short Supply of existing Drugs This is not about researching new drugs.
Drug manufactures either Cant or Wont make enough.
Unfortunately, illness isn’t a respecter of person, business hours, weekends or holidays.
I have little doubt that the majority of the drugs involved are less profitable to make because the government is the actual purchaser on behalf of somebody else who hasn't the ability to pay. The government's effort to contain costs is probably the actual cause of the shortages.
Well the government said so and the Pharmaceutical companies fund the politicos - so you are just being un-American if you don't believe them. Shame on you.
I can understand why that process would restrain competition and drive the price up. What I can’t understand is why those generic companies which are in business would sell the product at such a low price that there is a shortage. Why not jack up the price and eliminate the shortage? The only explanation I have is that their ability to jack up the price must somehow be restricted by non-competitive factors. My suspicion is that either the insurance companies, the government, or both have basically told them, “This is what we’re going to pay for it, and nothing more. If you can’t sell it for that, then so be it.”
In other words, it’s not the supply side that is the problem, but the demand side.
the rest of the world make all the drugs but do not use the special sauce made from American sucker weed. Sucker enhancement actually makes the drugs cost three or four time more than anywhere else.
I wish we could grow sucker weed.
We do grow plenty of sucker weed, and the government has mandated it’s use.
"They" never said that you would die from substandard pharmaceuticals. "They" did say, however, that buying meds on line, especially from Canada, dramatically increased the risk of obtaining counterfeit or adulterated drugs.
That hasn't changed. Actually, it's only gotten worse. The WHO estimates that 10% of all drugs world wide are counterfeit. Organized crime is making a fortune selling these drugs to unwitting consumers. The FDA did a study back in 2005 that showed 85% of all internet drugs purporting to be from Canada actually came from one of 25 other countries like China, India, Costa Rica etc. Yeah, those are the countries I want my pharmaceuticals coming from.
Besides these obvious concerns, and as a conservative, do you really want access to cheaper drugs due to foreign imposed price controls? Socialism, or something worse, is ok as long as it results in you getting your drugs for less money? Countries practicing price controls don't develop new drugs. That is a fact. Does removing the profit motive spur innovation in your world? Do you think future generations should forgo innovation so you can have access to artificial prices forced upon industry by government? Over the past 15 years, nine out of 10 of all new drugs have been discovered here in the US. Why do you think that is?
The suckers (fools) are those who think we pay more than the rest of the world for drugs for some other reason than foreign price controls. The US is one of just a handful of markets where the pharmaceutical industry can still make the profit necessary to support the massive R&D necessary to create NME's. There's a reason the world's drug R&D is headquartered in the USA. Some folks want to kill the last remaining goose laying golden eggs. They're usually the same folks who don't give a rats rear end about anyone else as long as they get theirs.
Hyperbole, Mase. Hyperbole.
“Did you read the article? It is the GENERIC drugs that are in short supply, due to non-viable profit margins. See my post #11.”
Big notice—it’s not ONLY the generics. We’re seeing this all over all drug classifications. And then I see the Call an Ambulance Chaser commercials advertising to sue if one has ever taken darvocet, antidepressants, etc. Until there is real tort reform, I expect things will get incredibly worse.
It seems that you have certainly cornered the market on hallucinatory drugs.
I'm going to guess that the drugs aren't made continuously -- that the same production facilities are used to make several drugs. If a particular drug runs out of inventory before another production batch is scheduled to be made, or a batch run for drug A is delayed while an order for a more profitable drug B is filled, then a shortage happens.
The solution would be for hospitals and distributors to maintain a bigger inventory, but it makes for a better news story to blame manufacturers.
According to this article http://www.medicalnewstoday.com/articles/226896.php, Pharmacists and drugmakers cite the following reasons for drug shortages:
* Product recalls
* Contaminated vials
* Difficulties in importing certain raw materials
* Demand fluctuations
* Production plants being upgraded (and closed while the upgrade is being carried out)
FYI, it’s worthwhile to read the entire article cited in this post; economics and regulations are mentioned as well.