GAO: Fewer new drug shortages, while ongoing shortages remain steady

While the amount of new drug shortages has mostly decreased since 2011, there is still a large amount of ongoing drug shortages, according to a new report by the Government Accountability Office.

For the report, the GAO analyzed 2010-2015 drug shortage data from the University of Utah Drug Information Service in Salt Lake City, along with shortage trends from the Food and Drug Administration.

According to the report, there were 136 new drug shortages in 2015, compared to 257 reported in 2011. The number of ongoing shortages increased from 184 in 2011 to 291 in 2015.

Factors that may affect the shortages include a reduced amount of suppliers and low profit margins for generic drugs.

More articles on the drug market:

Anti-HIV drug largely underused in San Francisco: 5 things to know
FDA stops Juno's cancer drug trials after 3 patients die
Roche's new HPV test earns FDA approval

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