Generic Competitives News Today : Breaking News, Live Updates & Top Stories | Vimarsana

But brand name medication manufacturers don't want to share their formulas with generic competitives, and could take up to four years to get it approved. >> we're able to effect competition if we're able to get it on to the market. if we're able to get it on sooner for certain drugs that don't face generic competition, no question it will impact drug prices and overall drug spending and lower the overall cost burden on consumers and low cost options. >> reporter: dr. gottlieb wants to cut the time from lab to pharmacy down to eight to ten months, with no tradeoff between speed and safety. >> i...

Lower prices. but brand name medication manufacturers don't want to share their formulas with generic competitives, and could take up to four years to get it approved. >> we're able to effect competition if we're able to get it on to the market. if we're able to get it on sooner for certain drugs that don't face generic competition, no question it will impact drug prices and overall drug spending and lower the overall cost burden on consumers and low cost options. >> reporter: dr. gottlieb wants to cut the time from lab to pharmacy down to eight to ten months, with no tradeoff between speed an...