Proposal Submission

Applicant
(Person in charge) 		Name: Michael Schmitz
Position: Director, International Advocacy
Organization: US Pharmacopeia
Country: United States
E-mail: michaelschmitz@usporg
Topic Confronting an Epidemic of Drug Shortages: Incentivizing quality for supply chain resilience
Proposal Content
(Describe your proposal, including potential areas of collaboration, purpose, and expected impact.) 		Drug shortage is a global issue affecting low, middle, and high-income economies Many APEC economies have developed various strategies to overcome the problem, while the problem is accelerating, affecting the whole world All types of drugs, such as essential life-saving drugs, oncology medicines, antimicrobial drugs, analgesics, opioids, cardiovascular drugs, radiopharmaceutical, and parenteral products, are liable to the shortage The impact of shortages on patients has been significant: treatment delays, the use of less effective treatments, or missed doses of therapies, often with life-threatening results Policymakers, regulators, industry, and other stakeholders must act to identify and respond to the risks and vulnerabilities in the global medicines supply chain – with a goal to ensure patients have access to the therapies they need The proposed program will bring together experts and diverse global stakeholders to explore the chronic and growing issue of medicines shortages, discuss opportunities to address vulnerabilities in the global supply chain through implementation of the APEC Global Supply Chain Security Toolkit as well as other internationally-recognized policy and regulatory best practices
Expected date 2024-08-11 to 2024-08-17 (Total 2 Days)
Expected Venue (Economy) Peru APEC 2024 host economy or Canada or Republic of Korea
Expected No. of Guests 100 Open
Expected Total Cost of the Event $100,000
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