Generic Drug Price Sticker Shock Prompts Probe by Congress

Generic Drug Price Sticker Shock Prompts Probe by CongressThe prices of some common generic drugs have skyrocketed in recent years, but the reasons remain murky, lawmakers said.The hearing of the Senate subcommittee on primary health and aging on Thursday was called after Vermont Sen. Bernie Sanders and Maryland Rep. Elijah Cummings announced they were investigating why some generic drug prices have risen hundreds to thousands of percent — putting a severe strain on the pocketbooks of many people who rely on generics to reduce costs compared to brand-name drugs. …

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