Bipartisan Senate panel proposes new drug shortages legislation

A bipartisan Senate panel is introducing legislation to tackle the mounting crisis of generic prescription drug shortages.

“It’s unacceptable that America is consistently running out of affordable and essential generic medicines,” Senate Finance Committee Chairman Ron Wyden (D-OR) said Friday in a press statement. “Our bipartisan proposal uses the power of Medicare and Medicaid to ensure the entire American health system has adequate supply for key medicines across the country.”