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Re:A change to the sell-by dates on food by sndean on Thursday February 16, 2017 @08:23PM (#13665165)
It's simply a guarantee of full potency of the drug. A while ago, a study (currently looking for it...) found ~90% of OTC drugs were perfectly fine 10+ years after the expiry date, IIRC. And most antibiotics should be just as stable as aspirin.
Re:A change to the sell-by dates on food by nommm-nommm on Thursday February 16, 2017 @09:27PM (#13665466)
The US military operates the Federal Shelf Life Extension Program which, from what I understand, regularly tests federal stockpiles of medications to avoid waste.

http://www.astho.org/Programs/Preparedness/Public-Health-Eme...