I learned something from the epi-pen debacle that I didn't know. A pharmacy can PAY other pharmacies not to manufacture a generic drug so they can retain a monopoly. A bill was presented to Congress to make that illegal but they wouldn't pass it. That's the drug lobby money talking to our congress critters.
More fig leaves for the wreck that is (and please God, may it soon be “WAS”) Obamacare. In a way it is hard to blame these pharma houses. What the right hand taketh away, they were told that the left hand shalt give.
It needs a businessman like Trump to look at this and say what a cluster eff, let’s stop the games and let business be business.
And if that doesn’t work, the generic will never get approved by the FDA.
Do you mean a drug company can pay another drug company not to manufacture a generic? Pharmacies don’t make drugs, aside from compounding.
Not good. This is the kind of ‘capitalism’ that makes people either flock to socialism with a very legitimate grievance or start thinking about making a price adjustment with violent measures.