New Drug Shortages Decline in U.S. on Greater Scrutiny

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New drug shortages decreased in the U.S. as the Food and Drug Administration stepped up its vigilance on the issue, government auditors said.

There were 195 shortages of medicines reported in 2012, a 24 percent decline from the previous year and the first time since 2006 the U.S. saw a reduction in new drug shortages, the General Accountability Office said today in a reportBloomberg Terminal. There were 73 new shortages through June 30, 2013, the office said.