Generics Pharmaceutical Association Preparing to Launch Drug Shortage Program
Posted 12 March 2012 | By
The Generic Pharmaceutical Association (GPhA) is planning to launch a private, third-party program to track and share information about drug shortages, according to the American Medical Association.
The program, dubbed the "Accelerated Recovery Initiative," was revealed by GPhA President and CEO Ralph G. Neas during an interview with American Medical News (AMN) on 12 March.
The program plans to "provide real-time supply and distribution information to manufacturers and distributers of generic injectable medications currently in shortage, among other drugs, wrote AMN.
Not included among the information: pricing data, which has been blamed for some shortages. Many manufacturers guard their pricing details closely in order to maintain bargaining power over their generic competitors.
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