Why Cheap Generic Drugs Are Harder to Find
Pain News Network
By Dr. Geoffrey Joyce
27 July 2023
Excerpts:
Past public ire over high drug prices has recently taken a back seat to a more insidious problem – no drugs at any price.
Patients and their providers increasingly face limited or nonexistent supplies of drugs, many of which treat essential conditions such as cancer, heart disease and bacterial infections. The American Society of Health System Pharmacists now lists over 300 active shortages, primarily of decades-old generic drugs no longer protected by patents.
...more than 15 critical drug products in short supply for over a decade.
shortages include widely known drugs such as the antibiotic amoxicillin; the heart medicine digoxin; the anesthetic lidocaine; and the medicine albuterol, which is critical for treating asthma and other diseases affecting the lungs and airways.
(TLDR?)
Summary:
The U.S. is grappling with a growing issue of drug shortages, especially concerning essential generics. Over 300 drugs are currently in short supply, many being vital, decades-old generics. This scarcity is attributed to the capitalist model: brand-name drugs are profitable, but generic drugs offer minimal profit, leading companies to outsource production to countries like India and China. Outsourcing poses quality control challenges and increases supply chain vulnerability, as seen during the COVID-19 pandemic. Quality concerns in generic production have resulted in recalls and legal actions. Solutions might include domestic generic drug production, as California is pioneering with a local insulin production initiative.