Biden Scrambles as Drug Shortages Hit All-Time High

The White House is scrambling to respond to a record-high shortage of critical prescription drugs, with President Joe Biden asking Congress to do something about it.
According to experts on drug shortages, the dwindling supply of crucial medications is at an “all-time high.”
In a memo last week from the U.S. Department of Health and Human Services, alarm bells were raised about potential supply chain issues and other pharmaceutical “vulnerabilities.”

“As of January 2024, there were 123 drugs in shortage, and of these products, about a quarter were first reported in shortage prior to 2020, with the oldest dating back to 2012,” the memo noted.
The memo added, “It has been estimated that there were approximately five shortages of medical devices annually from 2010 to 2019, with that number increasing fourfold in the first half of 2020 because of demand increases and …