As the inflation rate continues to rise, the healthcare industry — like every other industry — is taxed with extraordinarily high costs. Rising drug prices have caused increased healthcare expenditures and out-of-pocket costs....
In a statement issued on May 24, 2023, Qilu Pharmaceutical Co, a Chinese pharmaceutical company, will export cisplatin, a chemotherapy drug, to the United States. Amidst shortages that began in early...
The pharmaceutical industry and its global supply chain play a critical role in the healthcare system, but it also significantly impacts the environment. From the extraction of raw materials to the disposal of drugs, the industry's...
While the pharmaceutical industry and its stakeholders constantly develop and advance new drugs, products, and treatments, the drug development life cycle always needs new discoveries and additions in...
According to research from the Atlantic Council, pharmaceutical products have become a valuable part of the United States and China’s trading relationship, growing from 0.6% of the total trade to...
Drug shortages have become a growing concern for the healthcare industry worldwide as patients are left without essential medications, and healthcare providers struggle to find alternative treatments. The problem has been rising for...
The pharmaceutical supply chain is a critical component of the medical industry, detailing how prescription medicines are manufactured and delivered to patients. The supply chain and its features are complex, requiring many key players to...
Unused medications pose a significant threat to healthcare, considering the impacts of improper disposal and drug misuse. Over-the-counter (OTC) and prescription medications that are expired or no longer needed by the intended patient...
After a series of infections that left several blind, an FDA inspector discovered that the manufacturing facility used to create Global Pharma’s artificial tears failed to follow evidence-based...
In March 2023, the United States HHS announced plans to relaunch the Health Sector Climate Pledge, proposed by the White House in 2022. According to the press release, the healthcare sector accounts...
The pharmaceutical supply chain poses risks and challenges to both providers and consumers. But in the context of a health-conscious society, managing pharmaceutical supply chains presents several...
Attention deficit/hyperactivity disorder (ADHD) is a prevalent mental health condition described as a generalizable inability to pay attention or control impulsive behavior and a tendency to be overactive. The Centers for Disease Control...
Last week, the FDA added two more eye drops to its recall list: Apotex Corp Brimonidine Tartrate Ophthalmic Solution (0.15%) and Pharmedica USA LLC Purely Soothing 15% MSM Drops. These recalls follow a...
Last month, WAND reported that Akorn Pharmaceuticals, a major domestic manufacturer of liquid albuterol, was shutting down. This closure — which followed 2020 reports that the company filed for...
The healthcare industry has experienced more shortages in the past few years than ever. In addition to prescription drug shortages, the sector has seen shortages in contrast dye and helium, impacting imaging, animal test subjects for...
As the COVID-19 pandemic has progressed over the last three years, the global pharmaceutical landscape has had to evolve to keep up with growing demands. While the worldwide landscape has continued to change and grow, so have the...
Over the past several months, parents, patients, and pediatric providers have been drowning in elevated rates of COVID, influenza, and respiratory syncytial virus (RSV) infection — coined the...
In recent months, patients, parents, and providers have become increasingly aware of the rise in viral infection rates. With the tripledemic — including COVID-19, respiratory syncytial virus...
Pfizer is investing $750 million to expand its primary manufacturing facility in Kalamazoo, Michigan. The expansion will allow the pharmaceutical company to increase the production of vaccines and...
The Canadian Journal of Hospital Pharmacy states that, as of 2016, approximately 61.2% of hospital pharmacists were burnt out. The burnout rate across all pharmacists continued to increase, with 71% of pharmacists in 2019 expressing that...
