3 ms·
FDA has an entire drug shortage database that is updated daily and publicly accessible. There are tons of drug shortages at any given time, and most of them go
by dfsegoat 7y ago
FDA has an entire drug shortage database that is updated daily and publicly accessible. There are tons of drug shortages at any given time, and most of them go back to API (Active Pharm Ingredients) - the raw active chemicals produced in bulk, that are then put into pills, injection solutions etc.
You could probably figure it out from there. My guess is it would be irresponsible for them to name the Mfgr in the press release, particularly if it were a publicly traded company and people are going to jump to uninformed conclusions.
https://www.accessdata.fda.gov/scripts/drugshortages/ https://www.accessdata.fda.gov/scripts/drugshortages/
Supply chain security has also been a major focus at FDA over the last ~5 years, basically to ensure there are not "choke points" with respect to approved medicines:
https://www.fda.gov/drugs/drug-supply-chain-security-act-dscsa/are-you-ready-drug-supply-chain-security-act https://www.fda.gov/drugs/drug-supply-chain-security-act-dsc...
So in general, I appreciate their transparency on this since they have been building up regs around this very type of issue for awhile.
- adrianmonk 7y ago> My guess is it would be irresponsible for them to name the Mfgr in the press release, particularly if it were a publicly traded company and people are going to jump to uninformed conclusions. Not only could it harm the company, it could be bad for patients. Naming it could cause a run (https://en.wikipedia.org/wiki/Market_run https://en.wikipedia.org/wiki/Market_run) on the drug, and if some people hoard it, there will be other people who are unable to get it.
- TeMPOraL 7y agoAnd even worse than the hoarders: the sudden appearance of "entrepreneurs" smelling easy profit.
- adrianmonk 7y agoPrice gouging? Of drugs? In the United States?
- TeMPOraL 7y agoRight. It's business as usual. I guess I'm grumpy today, after looking at the prices of respirators and antiseptics in Poland being already 10-20x the usual, and growing. And we don't even have a confirmed case just yet (doesn't stop the media from reporting a new "first case" every day for the past two weeks). Also this morning I've seen an ad on our local equivalent of Craigslist; somebody is trying to sell a pre-packaged web store for selling face masks, complete with a bunch of legit-sounding domains (using phrases "medical respirators", "anti coronavirus respirators", etc.) and three contracts to wholesalers of surgical masks, for roughly $1k total. Note: surgical masks. The ones that are worn to prevent accidental exchange of bodily fluids between patient and the surgeon. The ones that are completely ineffective against airborne viruses. I really feel that some people need to have cooperation and civil behavior beaten into them.
- DoreenMichele 7y agoI deal with protecting myself medically daily. If you want to chat about your concerns, you are welcome to email me. Not medical advice per se. I'm not a doctor. I'm just someone continuing to rudely fail to die instead of going along with politely dying according to schedule so other people can feel like they are smart and know things. (This comment will self destruct in the near future.)
- TeMPOraL 7y agoThank you. Still, what can I say about my concerns? I'm scared. For myself, my wife, our infant, our families. In this island of emptiness in the middle of red dots the Europe is on COVID-19 maps, we're all just nervously waiting for the first real case. Personal protection goods are already gone, people are slowly realizing that maybe it's about time to start stockpiling food. We've stocked ourselves up with ~two weeks worth of long-life consumables. Going to extend it over the weekend to a month's reserve. Our infant already has 2+ months supply. I try to be calm, but it's getting harder. I don't know what I'm afraid more of at this point - of the virus, or of the quarantines and panic that will follow.
- tejtm 7y agoThey also have to tread a very fine line where these companies are "required" to self report important details that would damage a "brand". By not naming names they maintain the trust which increases the prospect of getting the important information we all need. (and that is not X.inc's next quarters earnings)