Drug shortage registry under discussion

Drug shortage registry under discussion.

ciation is negotiating with drug manufacturers, hospital pharmacists and the Canadian Medical Association to create a national reporting system that would track drug shortages. “We still have a long way to go, but the discussions have started,” says Jeff Morrison, director of government relations and public affairs for the Canadian Pharmacists Association. Recent shortages of cancer drugs such ...

The drug shortage crisis.

Anatomy of a drug shortage.

A long time has passed since I last gave chemotherapy, but I have not been immune to the news about the drug shortages in the past few years. Therefore, I wanted to explore what was behind the headlines like “U.S. facing cancer drug shortage: Ariz. doctors rationing supplies; FDA allowing India imports” in the February 22nd Arizona Business News (Alltucker, 2012). You may have been more directl...

Scientific research assessment under discussion.

Editors The San Francisco Declaration on Research Assessment (DORA) was issued on May 16 this year. Initially signed by 155 scientists and 78 scientifi c institutions, it explicitly proposes eliminating the use of the impact factor (IF) in science journals " as a surrogate measure of the quality of individual research articles, to assess an individual scientist's contributions, or in hiring, pr...

Newsvendor problem with random shortage cost under a risk criterion

We study profit maximization vs risk approaches for the standard newsvendor problemwith uncertainty in demand as well as a generalized version with uncertainty in the shortage cost (as often applies in practice). We consider two well-known risk approaches: Value-at-Risk (VaR) included as a constraint and Conditional Value-at-Risk (CVaR). We first derive the explicit expressions of the optimal s...