Generic drugs cost more


  • Health
  • Thursday, 02 Jan 2003

PRICES of generic drugs are rising almost twice as rapidly as prices of brand-name drugs, even as many insurers and the Bush administration are pressing Americans to switch in the name of saving money. 

The trend is expected to continue over the next few years as a number of popular brand-name drugs lose their patent protection and drug makers introduce generic versions at high initial prices. 

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