Drug Shortages: Accumulating Federal Legislation as an Underlying Cause
Research output: Working paper › peer-review
This article considers the role of
well-intentioned legislation over the past fifty years, including the 1984 HatchWaxman Act, the 2003 Medicare Modernization Act, and 2012 Generic Drug
User Fee Act, and the 2015 Bipartisan Budget Act in inadvertently squeezing
profitability out of the generic drug market and thereby serving as a true root
cause of many drug shortages. Also considered are the potential effects on drug
shortages of more recent legislation, including the 2021 American Rescue Act
Plan and the 2022 Inflation Reduction Act.
well-intentioned legislation over the past fifty years, including the 1984 HatchWaxman Act, the 2003 Medicare Modernization Act, and 2012 Generic Drug
User Fee Act, and the 2015 Bipartisan Budget Act in inadvertently squeezing
profitability out of the generic drug market and thereby serving as a true root
cause of many drug shortages. Also considered are the potential effects on drug
shortages of more recent legislation, including the 2021 American Rescue Act
Plan and the 2022 Inflation Reduction Act.
| Original language | English |
|---|---|
| Number of pages | 44 |
| Publication status | Submitted - 2024 |
- Faculty of Law - drug shortages, Innovation, Access, Prizes
Research areas
ID: 398910994