Penalties for drug companies who fail to report shortages, now made law

Drug manufacturers who fail to report their inability to supply important medications to the Australian market will now face legal penalties – fines of up to $210,000 per infringement – with the passing of one of the first pieces of legislation under the new Morrison Government. Minister for Health, Greg Hunt MP, made the announcement […]

New penalties concerning drug shortages welcomed by compounding pharmacists

With the incidence of drug shortages increasing worldwide, one made-to-order medication specialist has welcomed a proposal to introduce substantial fines for drug manufacturers and marketers who don’t report upcoming disruptions to supply. Matthew Bellgrove from National Custom Compounding on the Gold Coast said failure to notify authorities of a shortage in some essential medications could […]