A US bill aimed to stop price overcharging during drug shortages has proceeded to the Senate Committee stage. New York Senator Charles Schumer introduced the “Protecting Patients and Hospitals From Price Gouging Act” to put halt to suppliers, pharmas, and any party within the chain of distribution taking unfair advantage of consumers during market shortages. The proposal in consideration would mean that any party to be found in breach of the law during a shortage could land a violator in prison for 3 years or fined up to $5million.
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