Unlocking The Full Potential Of Generic Drugs For Patients
Health Affairs November 26, 2024
As drug prices continue to rise and the affordability of medicines for patients remains out of reach, finding new and creative solutions that address affordability, while also rewarding innovation, is essential. Generic medicines are affordable, already available in our pharmacies, and may be a source for new lifesaving therapies. However, we will only know the full potential of these drugs by creating new financial mechanisms that incentivize developers to explore new uses to meet patients’ needs.
Value Of Generic Drug Repurposing
Most drugs have more than one potential use, and in fact, that first Food and Drug Administration (FDA) approval is just the tip of the iceberg for a drug. Researching new uses for generic drugs—also called generic drug repurposing—can...