Remove tag shortages
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STAT+: Drugmaker raises the price of an old chemo medicine tenfold amid persistent shortages

STAT

Amid sporadic shortages of a drug that is essential in preparing patients for lifesaving, cancer-fighting treatments, one manufacturer has returned to the market — but is selling its medicine for 10 to 20 times the prices offered by the only other companies with available supplies. Continue to STAT+ to read the full story…

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Benefits of blockchain in limiting counterfeit drug distribution

European Pharmaceutical Review

These can lead to inventory shortages, the paper noted. Smart contracts, which are essential for easing international trade and logistics operations, can enable the user to track fake returns to the producer and supplier using RFID tags.

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Paw-sitively Efficient Inventory Management for Veterinary Professionals

epicur

This practice keeps shortages and overstocking at bay. You can also use shelf labels, reorder tags, or other methods to help set up flags for when hospital supplies and consumables are running low. Explore the new USP guidelines and what it means for your veterinary practice.

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How automation can help to address supply chain challenges in pharma

pharmaphorum

Incidents such as the hormone replacement therapy drug shortage in early 2022 have shown the damaging impact supply chain issues can have on people who depend on these drugs. To combat such challenges, pharmaceutical companies need to adopt processes that are not just efficient, but agile.

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Pharmaceutical Procurement Strategies Overview

Viseven

Without consistent, standardized data, regulators fail to identify drug supply concerns, policymakers cannot make informed decisions to improve supply chain resilience, and healthcare providers (HCPs) are blindsided by the acute shortage of critical pharmaceuticals. What are the Main Pharmaceutical Procurement Methods?

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Cracking the code – Generic vs. Brand Medicines

Express Pharma

Failure of government’s mantra to reduce prices and make medicines affordable The Indian government puts a price tag on essential and life-saving medicines selected under the National List of Essential Medicines, published by the National Pharmaceutical Pricing Authority (NPPI). The Orange Book data on generics are updated every month.

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The “Medical Bypass”: new drugs to strike obesity

Pharmaceutical Technology

The company’s weight loss drug Saxenda (liraglutide) won an approval for chronic weight management in December 2014, and Wegovy (semaglude) got the same tag in 2021. An immediate high demand for the drug and a shortage of Wegovy resulted in supply issues. Novo Nordisk is another company leading the charge in this field.