Hospitals have joined forces to create a non-profit organization, called Civica Rx, to make their own drugs in an attempt to upend the generic drug business. Recently, the creative plan has gained a lot of attention from other hospitals around the US who are interested in being a part of the venture. The company’s priorities include making essential medicines that have been on the FDA drug shortage list and taking on decades-old drugs that have artificially higher prices because they don’t face any competition. The initiative could considerably bring down the price of generic drugs, such as common antibiotics.
More hospitals in the US are joining in to make their own generic drugs
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