Tag: generic drug history

History of Generic Drugs in the United States: How Cheap Medicines Became the Norm

By Joe Barnett    On 20 Jan, 2026    Comments (7)

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Generic drugs now make up over 90% of U.S. prescriptions, saving billions annually. Their rise began with deadly drug failures, led by the Hatch-Waxman Act, and continues amid supply chain risks and quality concerns.

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