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The American Pharmacists Association is the largest association of pharmacists in the United States advancing the entire pharmacy profession.

  • Membership: Pharmacists, pharmaceutical scientists, student pharmacists and pharmacy technicians
  • Governance: 501(c)(6) nonprofit organization, governed by a 15-member Board of Trustees. Its House of Delegates (411 members plus alternates) meets annually to determine overall policy.
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  • Founded: October 6, 1852 in Philadelphia, PA
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Published on Monday, June 17, 2024

Drug shortages are lasting longer and reach all-time high

In its first report on drug shortages, the U.S. Pharmacopeia (USP) noted that drug shortages are lasting longer than before and are affecting a broad range of therapeutic classes.

Now, the average drug shortage lasts for more than 3 years, versus about 2 years in 2020, and 53% of new drug shortages involved generic sterile injectable products, according to the report.

USP highlights four factors that individually, or in combination, may make a drug more at risk of being in short supply: low prices, manufacturing complexity, geographic concentration, and quality concerns.

To resolve the issues, USP recommends market and policy solutions that focus on both long- and short-term requirements, including risk mitigation efforts, public and private investment and partnerships, payment reform to reward reliability, and manufacturing quality, coordination, and accountability.

Earlier this year, USP signed onto a collective call to action to alleviate and prevent drug shortages.

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Author: Michelle Cathers

Categories: APhA News

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