There’s a new generic drugmaker in town, and it doesn’t need to turn a profit

Marielle Segarra Sep 6, 2018
HTML EMBED:
COPY

There’s a new generic drugmaker in town, and it doesn’t need to turn a profit

Marielle Segarra Sep 6, 2018
HTML EMBED:
COPY

Across the country, hospitals and clinics are dealing with a really difficult problem: Sometimes they can’t get their hands on certain life-saving generic drugs. So one group of large hospital systems, including the Mayo Clinic and Intermountain Healthcare, has come up with a workaround. It’s created a nonprofit company called Civica RX that will make its own generics. The idea is to create more competition in the generic drug market to boost supply and hold down prices.

Click the audio player above to hear the full story. 

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.