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Legal Minute: Why are there chemo drug shortages?

Author
Darshan Kulkarni
Published
Wed 24 Jul 2024
Episode Link
None

We discuss how the shortage of chemotherapy drugs stems from economic challenges faced by generic drug manufacturers. Many cannot afford to produce these drugs due to low profitability. Factors include factory shutdowns for quality issues, a complex global supply chain, and older generic drugs being unprofitable to produce. Government pressure on prices further reduces profit margins, disincentivizing investment in production quality. Consequently, manufacturers prioritize newer, more expensive drugs, leading to treatment delays and stress for patients.


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