FDA Acts to Encourage Generic Competition for Complex Drugs

Today's blog features an important article out of Modern Healthcare. The FDA is currently working to reduce high drug costs by encouraging the development of generic versions of hard-to-make medicines. This is not an easy or timely process.

"Difficulty in creating copies or near-copies of such drugs and getting them approved may deter generic companies from even trying, FDA Commissinoer Dr. Scott Gottlieb wrote in a blog post. That means patients don't get access to cheaper verisons of those drugs and brand-name medicine makers continue to rake in money, often billions of dollars a year per drug."

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