Tag: generic drug approvals

Annual Savings from FDA Generic Drug Approvals: Year-by-Year Breakdown

Annual Savings from FDA Generic Drug Approvals: Year-by-Year Breakdown

Annual savings from FDA generic drug approvals reached $445 billion in 2023, with year-to-year fluctuations driven by patent expirations. Learn how generics cut drug costs by up to 90% and who benefits most.

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