SEOUL – South Korean authorities announced Tuesday they will prohibit the hoarding of medical syringes and needles in an effort to ensure healthcare facilities maintain adequate supplies, according to the nation’s finance ministry.
Government officials met with syringe and needle manufacturers last week to assess current inventory levels and explore options for ramping up production amid growing supply chain concerns linked to the conflict in Iran, the industry ministry reported.
Rising costs for plastic materials used in medical equipment and packaging have resulted from disrupted oil and petrochemical supply chains, creating fears about potential shortages and excessive stockpiling behavior.
