Current Drug Shortages--Some hospitals are in tough shape

What's behind this? Seems to be a much bigger problem than 2007 and 2008. Is it the impending doom of Obamacare? Years of over regulation? Loss of profit by the manufacturers, who afterall, aren't in this as volunteers or church ladies.

"The supply of these drugs has tightened in recent years as the generic-drug industry has consolidated, with many of the drugs now made by just one or two companies. In many cases patents have long expired and the original brand-name drug is no longer being produced.

Federal regulators have also stepped up enforcement of quality standards, limiting the ability of large manufacturers to ramp up production.

The drugs—typically used in hospitals and outpatient clinics—often require complex manufacturing processes with long lead times. Because factories produce many kinds of medicines, companies say they can't easily make more of one without creating a shortage in another.

The Food and Drug Administration reported a record 178 drug shortages in 2010, up from 157 the year earlier and 55 five years ago"

Drug Shortages Distress Hospitals - WSJ.com

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