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Tag: generic drug approvals

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

Annual savings from FDA generic drug approvals totaled $445 billion in 2023, with year-to-year fluctuations driven by patent expirations. Learn how generics cut drug costs, who benefits most, and why savings vary annually.

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