Tag Archives: Pharmacy

New FDA Guidance Looks to Expedite Process of Bringing Generics to the Market

Recently the FDA released new draft guidance establishing an expedited process for the review and approval of high-priority generic drugs. According to PwC’s Health Research Institute, the June announcement and subsequent guidelines are expected to decrease the standard approval process by months. Meaning some generic drugs have the possibility of getting to the market faster, which should create more competition and potentially lower drug prices.  Continue reading