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Tag: generic drug history

20 Mar
History of Generic Drugs in the United States: How They Became 90% of Prescriptions

History of Generic Drugs in the United States: How They Became 90% of Prescriptions

Generic drugs now make up over 90% of U.S. prescriptions, saving billions annually. Their history traces back to 1820, with key milestones like the 1984 Hatch-Waxman Act that created the modern approval system and turned generics into the backbone of affordable medicine.

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