Saturday, August 14, 2010

New Bill Proposes to Strengthens Government Authority over Pharma Supply Chain

IndustryWeek (Selko) - Society of Chemical Manufacturers welcomes closer inspection of active drug ingredients manufactured overseas...The Drug Safety and Accountability Act of 2010 was introduced on August 3 by Michael Bennet, U.S. Senator for Colorado... One of the reasons for the increased scruity of the quality of the medicine is due to the record 1,742 drug recalls in 2009 which is a 400% increase from the prior year. And the emphasis on foreign production is due to the fact that up to 80% of the active ingredients in U.S. drugs are now made overseas, many in countries where regulatory oversight does not meet U.S. standards, according to the Senator.

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