Posted by Michael Wonder on 29 Jan 2018
FDA approved record number of generic drugs last year
26 January 2018 - The FDA approved 1,027 generic drugs last year, a record number, the Trump administration said Friday.
The figure came as part of a year-end report from the Department of Health and Human Services, and was touted as part of the administration’s efforts to fight high drug prices.
Approving more generic drugs brings more competition into the market and can help lower prices.
