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Generic drug prices falling, but are consumers benefiting?

Thursday, August 10, 2017 - 05:50

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Share prices of several generic drugmakers in the US have declined, as have those of wholesalers, which profit from the sales of generic drugs and have said they expect prices to continue declining.

New York

NOT all drug prices are going up. Amid the public fury over the escalating costs of brand-name medications, the prices of generic drugs have been falling, raising fears about the profitability of major generic manufacturers.

Last week, Teva Pharmaceuticals reported that it

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