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How America Built the World’s Most Successful Market for Generic Drugs
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How America Built the World’s Most Successful Market for Generic Drugs
The United States has some of the lowest prices in the world for most drugs. The U.S. generic drug market is competitive and robust—but its success is not accidental. It is the result of a series of deliberate, well-designed policy interventions. The 1984 Hatch-Waxman Act allowed generic drug manufacturers to bypass costly safety and efficacy […]
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