Tag: generic drug savings

8 Jan

Generic Drug Savings: Real Numbers and National Statistics

Generic drugs saved the U.S. healthcare system $467 billion in 2024, making up 90% of prescriptions but only 12% of spending. Discover the real numbers behind generic savings, biosimilar growth, and why brand-name prices keep rising.

10 Dec

Annual Savings from FDA Generic Drug Approvals: Year-by-Year Breakdown

by Lila Thorne

FDA generic drug approvals save billions annually, with savings varying by year based on which brand drugs lose patents. Learn the year-by-year breakdown and how generics cut costs for patients and the system.