Posted by: Audrey Erbes | March 29, 2015

Drug Shortages Worsen Plus Life Science Events and Jobs

Drug Shortages Get Worse

Drug shortages with their related price increases, limitation of availaibility of product, increased flow of compounded products and increased counterfeiting to fill the vacuum have many explanations. The availability of API online as well as product containers and labels has changed the profitability of former supply situations. In the past, manufacturers and distributors had up to 3 months supply available to resolve these shortages. Now that the list which was normally in single digit numbers over 300 typically, we have to wonder if there is a solution.

Profitability issues have played a major role in limiting available alternative product sources. If there is shutdown or other closure or only available source, there is problem for patients, hospitals and physicians. An article entitled “Drug Shortages: Not Going Away Anytime Soon,” by Albert I. Wertheimer, Ph.D. published by Pharmexec.com on March 25, 2015 provides an outstanding coverage of this disturbing issue in biopharma. Unfortunately, there is no suggested solution.

Next week I’ll address the issue of declining R&D jobs as well as other life science jobs. Please provide your take on cause and more importantly, your ideas of possible solution.

Highlights of Upcoming Events

  • Bio2Device Group, Tuesday Morning, March 31, 2015, Topic: “Overexpression of Mcl-1 confers resistance to BRAFV600E inhibitor therapy in melanoma,” Speaker: Neel M. Fofaria, PhD Candidate, Texas Tech University Health Sciences Center, School of Pharmacy
  • BayBio, Tuesday Mid Day, March 31, 2015, Event: “Lunch & Learn | Harnessing The Power Of Big Data In Risk-Based Monitoring,” Speaker: Barbara Elashoff
  • Palo Alto AWIS, Tuesday Evening, March 31, 2015, Topic: “A color language for cultivating your intentional and inner leadership,” Speaker: Rose Chen, Founder of VegaLab Ventures
  • QB3, Wednesday Evening, April 1, 2015, Topic: “HOW TO PUT A PRICE TAG ON YOUR STARTUP,” Speaker: Burton Goldfield, President & CEO,TriNet
  • Medtech Frontiers, Thursday Evening, April 2, 2015, Topic: “Novel Fiber Optics Couplers for Biomedical Applications”

You can download Audreys Picks March 29, 2015 with complete details on the above and other meetings and conferences through May 2015 by right clicking on the highlighted titles and downloading the pdf files. Also see JobsThatCrossedMyDeskThrough March 29, 2015 for your information. I didn’t see many jobs this past week. Note I list mostly jobs in California posted in the last three weeks but you can also find national listings at the websites mentioned.

Audrey

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