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. 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.