Today’s Solutions: March 29, 2024

Hospitals have joined forces to create a non-profit organization, called Civica Rx, to make their own drugs in an attempt to upend the generic drug business. Recently, the creative plan has gained a lot of attention from other hospitals around the US who are interested in being a part of the venture. The company’s priorities include making essential medicines that have been on the FDA drug shortage list and taking on decades-old drugs that have artificially higher prices because they don’t face any competition. The initiative could considerably bring down the price of generic drugs, such as common antibiotics.

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