New report suggests ‘panic buying’ of medications by patients, providers caused drug shortages

By Around the Web

(FOX NEWS) – As the “triple threat” of COVID-19, influenza and RSV (respiratory syncytial virus) caused a spike in patients seeking medication in the winter of 2022, drug shortages were the highest they had been in five years, according to a March 2023 Senate report.

In terms of what caused the shortages, a new report from the Milken Center for Public Health in Washington, D.C., suggested those shortages stemmed from individuals and providers “panic-buying” more medications than they needed amid fear and confusion.

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“During COVID, we were faced with a unique situation — a pandemic that we hadn’t been faced with as a society for hundreds of years — and it did expose some fragilities,” said report co-author Sarah Wells Kocsis, director of the Milken Center for Public Health, during an interview with Fox News Digital.

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