Advisory Board March 24, 2023

Drug shortages in the United States reached a five-year high in 2022, with 295 active drug shortages at the end of the year. According to a new federal report, these shortages have had “devastating consequences” for patients and healthcare providers and could pose a risk to national security since most pharmaceutical ingredients are produced overseas.

Drug shortages in the US are becoming more common

Over the last few years, drug shortages have become more common in the United States. According to a new report from the Senate Committee on Homeland Security and Governmental Affairs, drug shortages increased by almost 30% between 2021 and 2022, reaching a five-year high with 295 active shortages at the end of last year.

On average,...

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Topics: Biotechnology, Govt Agencies, Patient / Consumer, Pharma, Pharma / Biotech, Provider, Survey / Study, Trends
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