Current:Home > StocksPfizer warns of a looming penicillin supply shortage -FutureFinance
Pfizer warns of a looming penicillin supply shortage
View
Date:2025-04-15 01:09:44
Pfizer is facing a shortage of penicillin due to increased demand and more diagnoses of syphilis, the company said in a letter to its customers this week.
The company said there is an "impending stock out situation" for select Bicillin L-A and Bicillin C-R prefilled syringes, Pfizer's brand name of injectable penicillin.
Prefilled Bicillin L-A pediatric syringes are expected to begin running low by the end of June, while all Bicillin C-R syringes could begin diminishing in the third quarter of this year.
Inventory is predicted to start recovering in the second and third quarters of 2024, Pfizer said.
Penicillin is an antibiotic used to treat various types of infections, including sexually transmitted diseases, such as syphilis and pneumonia.
Syphilis rates were at a historic low from 2000 to 2001, but have increased every year since, with an increase of 28.6% from 2020 to 2021, which was likely exacerbated by an interruption in treatment and prevention due to the COVID-19 pandemic, the Centers for Disease Control and Prevention said.
The scarcity of penicillin comes amid a long-term shortage of prescription drugs the U.S. has been experiencing for the last decade, usually as a result of disruptions in the supply chain, like the one caused by the pandemic, Marta Wosińska, a visiting fellow at The Brookings Institution, told NPR earlier this year.
Other prescriptions, such as Adderall and children's flu medication have also been in short supply.
veryGood! (863)
Related
- Grammy nominee Teddy Swims on love, growth and embracing change
- Trial begins over Texas voter laws that sparked 38-day walkout by Democrats in 2021
- Norway’s intelligence agency says the case of arrested foreign student is ‘serious and complicated’
- Judges refuse to pause order for Alabama to draw new congressional districts while state appeals
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Train carrying Kim Jong Un enters Russia en route to meeting with Vladimir Putin
- Remains of 2 people killed in 9/11 attack on World Trade Center identified with DNA testing
- UN rights chief calls for ‘urgent reversal’ to civilian rule in coup-hit African countries
- Buckingham Palace staff under investigation for 'bar brawl'
- Writers Guild of America Slams Drew Barrymore for Talk Show Return Amid Strike
Ranking
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Slave descendants face local vote on whether wealthy can build large homes in their island enclave
- Judges refuse to pause order for Alabama to draw new congressional districts while state appeals
- Ashton Kutcher faces backlash for clips discussing underage Hilary Duff, Olsen twins, Mila Kunis
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Fantasy football stock watch: Gus Edwards returns to lead role
- Trial begins over Texas voter laws that sparked 38-day walkout by Democrats in 2021
- North Korea's Kim Jong Un arrives in Russia for presumed meeting with Putin
Recommendation
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Lighthouse where walkway collapse injured visitors to remain closed for indefinite amount of time
Wisconsin Supreme Court candidates often speak out on hot topics. Only one faces impeachment threat
Kelly Osbourne Admits She Went a Little Too Far With Weight Loss Journey After Having Her Son
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Hurricane Lee generates big swells along northern Caribbean while it churns through open waters
Kim Zolciak Says She and Kroy Biermann Are Living as “Husband and Wife” Despite Second Divorce Filing
Horoscopes Today, September 10, 2023