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Drug prices rise twice as fast during shortages

Inmaculada Hernandez
During a shortage, drug prices increase two times as quickly as they would have in the absence of a shortage, according to findings published in Annals of Internal Medicine.
“Prescription drug shortages may result in substitution of less effective drugs, delays in necessary treatments, and omission of or reductions in doses,” Inmaculada Hernandez, PharmD, PhD, from the University of Pittsburgh School of Pharmacy, and colleagues wrote. “These shortages cause an estimated $230 million in additional costs each year because of the rising prices of drugs under

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