Posts Tagged: generic drugs

Opinion

Bill restricting drug patent pacts could hurt consumers

An array of products on the shelves of a pharmacy. (Photo: Niloo, via Shutterstock)

OPINION: Headlines continue to scream about the price of prescription medications skyrocketing. But here is some good news about drug costs: the price of generic medicines is falling. Fast. In California, generic prices decreased on average 15 percent per year over the last several years.  California residents spent $24 billion less on generics than on brand prescriptions in 2018. 

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