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Tag: generic savings

Healthcare System Savings: How Generic Drugs Cut U.S. Drug Costs by Hundreds of Billions

Healthcare System Savings: How Generic Drugs Cut U.S. Drug Costs by Hundreds of Billions

Finnegan O'Sullivan Jan 1 15

Generic drugs saved $482 billion in U.S. healthcare spending in 2024, making up 90% of prescriptions but just 12% of costs. Biosimilars are the next frontier in cutting drug prices - if we remove the barriers holding them back.

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