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home / news releases / drug shortages reflect broken market fda


XPH - Drug shortages reflect broken market - FDA

  • In a statement, the FDA says chronic shortages of certain medicines in the U.S. have not produced the expected responses from drugmakers that traditional economics predict, specifically, increasing prices to reflect a supply/demand imbalance aimed at achieving profitable production to satisfy said demand.
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Stock Information

Company Name: SPDR S&P Pharmaceuticals
Stock Symbol: XPH
Market: NYSE

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