Shortages Are Here to Stay
“Complex” was the word the U.S. Food and Drug Administrationpress release used to describe reasons behind the shortages. One reason for unexpected shortages is that many of the medications that Americans take are manufactured in other countries, making managing supply difficult.
There‘s a lot of news articles online that discuss the drug shortages in the USA and world wide. The situation doesn’t seem to be getting any better so it’s a big opportunity for IDT. Paul’s LinkedIn post last month when he was in Washington to discuss drug shortages mentioned several quick wins for IDT. IDT’s facility is FDA approved so it understandable that they would be a good solution to solve part of the problem.
A large long term government contract would be nice about now.
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