Tradeoffs (@tradeoffs.org)

Generic drugs bring remarkable medical innovations within reach for millions of Americans — but will they continue to? "This medication that was once $130,000 a year to, you know, nothing," one patient said. "It’s kind of hard to wrap your head around."

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Race to the Bottom: Boom Times Forty years ago this month, President Ronald Reagan signed groundbreaking, bipartisan legislation that gave birth to a new drug industry. In part one of Race to the Bottom, we get an inside look at the choices made back then that help explain the wild success and also the troubles we see today with generic medicines. https://tradeoffs.org/2024/09/12/race-to-the-bottom-generic-drugs-hatch-waxman/