Forbes September 2, 2020
The nonprofit drug company Civica Rx says it now serves more than 50 U.S. health systems that operate more than 1,200 hospitals as it begins its third year in operation.
The effort led by well-known health systems and U.S. philanthropies to create lower cost prescriptions, which recently added Kaiser Permanente to its membership and governing board, grabbed headlines two years ago for its work with well-known U.S. hospitals and health systems to buy and develop generic drugs to avoid shortages.
Today, hospitals and health systems involved say Civica Rx is growing strong, “ensuring predictable supplies of over 20 essential generic drugs so far and generating millions of dollars in savings for hospitals.” The nonprofit drug company said it has delivered...