Article | May 13, 2016

Changes To The Opioid Labeling Regulation

Source: GlobalVision
Changes To The Opioid Labeling Regulation

By Mike Spooner

The statistics on opioid abuse in the United States is grim. In 2014, Opioids were responsible for 28,648 deaths according to the CDC. In fact, more people died of drug abuse that year than did of motor vehicle accidents. Worldwide the statistics are not any better; it is estimated that between 26.4 million and 38 million people abuse opioids.

The opioid prescription market has also grown significantly over the last two decades. Between 1995 and 2015 the number of prescriptions for opioids has escalated from 85 million to an estimated 220 million. With The United States being the largest global consumer with over 95% of hydrocodone and 80% of oxycodone products.