Raymond J. March | Wednesday January 9, 2019 at 10:41 AM PDT
With U.S. drug prices among the highest in the world, generics provide significant financial relief for millions using prescription drugs.
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Tag: drug approval process
John R. Graham | Tuesday October 18, 2016 at 8:16 AM PDT
A solution to expensive patented medicines is generic competitors. The United States has struck a pretty good balance between innovation and low prices through the Hatch-Waxman (1984) Act, which specified patent terms for newly invented medicines, and a pathway for generic competitors to enter the market after a period. One obstacle to generic entry...
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