The nation's hospitals hailed President Barack Obama's signing of the Food and Drug Administration Safety and Innovation Act on Monday as the right step to address the nation's drug-shortage problem.
“With nearly 100% of hospitals reporting shortages, access to life-saving drugs is essential,” Richard Umbdenstock, president and CEO of the American Hospital Association, said in a statement. “The law will help hospitals obtain that critical access.”
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It will do that, Umbdenstock continued, by improving communications between pharmaceutical manufacturers and the public; by giving the FDA authority to quicken approvals; and by permitting providers to take the necessary action to conserve their drug inventories.