Long before Helene, IV fluid shortages plagued hospitals [MSNBC.com]
Baxter International Inc. (BAX)
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Source: MSNBC.com
Years before Hurricane Heleneshut down a critical intravenous fluid facility in North CarolinaSaline solution, a mixture of sodium chloride and water, has been in shortage since 2018,according to the Food and Drug Administration’s drug shortage databaseshortage since 2021And several concentrations of dextrose, a sugar solution used to help patients who can’t eat, have low blood sugar or need extra energy, have been in short supplysince early 2022Helene’s damage to the Baxter International plant in North Carolina triggered several additional shortages,the FDA said last weekSo, why are these essential fluids —a lifeline for hospitalsAs is often the case with drug shortages, it comes down to money, and IV fluids don’t bring in much of it for manufacturers, said Erin Fox, senior pharmacy director at the University of Utah .“These are life-saving products, but at the same time these are absolutely treated as kind of commodities,” Fox said.The high barrier to entry — including the time and
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- Baxter International Inc. (NYSE: BAX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
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