Generic Drug Makers Will Soon Face The Regulatory Music

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Richard Levick

Richard Levick, Contributor

It’s one of our major healthcare issues.

According to modest estimates, around three-quarters of prescription medication in the U.S. are generics. Some reports put that number at 84%, with predictions as high as 87% for the near future. Meanwhile, research firmIMS Health found that, in 2012, money spent on prescription drugs decreased by 1%. It was the first such drop since IMS started tracking numbers in 1957.

That the proliferation of generics has driven down total costs is hardly…………………read all at

http://www.forbes.com/sites/richardlevick/2013/07/15/generic-drug-makers-will-soon-face-the-regulatory-music/

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