
A Health Podyssey
Mariana Socal on the Global Supply Chain for Generic Drugs
Mar 21, 2023
Alan Weil interviews Mariana Socal on the global supply chain for generic drugs. They discuss the heavy reliance and lack of competition in the market, the role of active pharmaceutical ingredients in the supply, the vulnerability and potential disruptions in drug production, the limited number of producers in the global supply chain, and the competition and vulnerability in the US market. They highlight the need for better monitoring and inspection for international sources to ensure quality and functionality in the generics market.
23:07
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Quick takeaways
- A well-functioning generics market is crucial for providing affordable alternatives to branded drugs and preventing drug shortages.
- The heavy reliance on a small number of facilities in the global supply chain for generic drugs increases the risk of supply disruptions and shortages, calling for improved redundancy measures.
Deep dives
The Importance of a Well-Functioning Market for Generic Drugs
A well-functioning generics market is crucial for various reasons. Firstly, it drives down prices and provides affordable alternatives to branded drugs. Additionally, it plays a crucial role in preventing drug shortages and ensuring the availability of medications. Moreover, a well-functioning generics market is essential for maintaining the quality and safety of drugs on the market.
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