Forbes contributors publish independent expert analyses and insights. The U.S. spent $722.5 billion on pharmaceuticals in 2023. Although brand-name drugs consume four out of every 5 dollars America ...

This September marks 40 years since the birth of the generic drug industry in the United States. Nine out of every 10 prescriptions in the U.S. are filled by a generic drug. Generics — effectively ...

According to the American Medical Association, health related costs have been on the rise in recent years. Overall, health-related spending in the U.S. increased by over 7% between 2022 and 2023, a ...

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 ...

WASHINGTON, DC - APRIL 2: President Donald Trump signs an executive order imposing tariffs on imported goods during a "Make America Wealthy Again" trade announcement event in the Rose Garden at the ...

America learned during the pandemic that it should never depend on our adversaries for our necessities. But if President ...

Policy interventions, including large-scale private-public partnerships, are key to reducing prescription drug shortages and averting patient harm. Shortages of prescription generic drugs, which ...

The generic drug market focuses on price. However, multiple generic metformin drugs have been recalled due to poor drug quality. The authors examine price and quality after these recalls. Objectives: ...

Drug companies routinely make hidden pacts with middlemen. This is a Kaiser Health News story. Lisa Crook was lucky. She saved $800 last year after her insurance company started covering a new, less ...