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Big Take

That Pink Medicine Your Kid Loves Is In Short Supply

Oct 13, 2023
26:43
Snipd AI
A discussion on the shortage of generic drugs in the US, including amoxicillin. It explores the reasons behind the shortage, the challenges faced by US Antibiotics, the safety risks of drugs manufactured overseas, and efforts to address the drug shortage through legislation and quality assessment.
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Podcast summary created with Snipd AI

Quick takeaways

  • Shortage of generic drugs in the US is driven by financial incentives and lack of profitability for manufacturers.
  • Quality problems, discontinuation of production, and increased demand contribute to drug shortages that last an average of a year and a half.

Deep dives

Shortages of Generic Drugs in the US

The US is experiencing shortages of generic drugs in various areas, including cancer drugs, antibiotics, and medicines for ADHD. These shortages have been an ongoing issue for over a decade due to the lack of financial incentive for manufacturers to maintain a reliable supply chain for low-profit generic drugs. Prices and costs of generic drugs have been decreasing, making it difficult for manufacturers to cover their production expenses. Factors contributing to the shortage include consolidation among drug purchasers, competition from overseas manufacturers, and the overall focus on price rather than brand when filling prescriptions.

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