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Boost In Reporting Cut New Drug Shortages By Half, FDA Says

Law360, New York (May 3, 2012, 3:59 PM EDT) -- Increased voluntary reporting of potential drug shortages has reduced the number of new shortages by half compared with this time last year, U.S. Food and Drug Administration Commissioner Margaret Hamburg said Thursday.

There have been 42 new shortages so far in 2012, compared to 90 at this point in 2011, Hamburg said in a blog post. There are currently about 116 drugs in shortage, according to the FDA's website. More than 250 drug shortages were reported in 2011.

Hamburg attributed the reduction to an enormous increase...
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