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- A recent study found that generic drug companies with more competition had a higher number of recalls due to manufacturing problems.
- Higher competition was also found to be associated with lower FDA plant inspection scores.
- The study recommends that the FDA more closely regulate how generic drugs are made and the manufacturing quality of the plants that produce them.
There's a caveat to the availability of cheaper drugs: There's no guarantee on consistent quality.
These days, generic drugmakers can't seem to win. Consolidation of generic drug companies result in shortages, which negatively impacts patients. But competition has its own consequences as well.
See the rest of the story at Business Insider
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from Business Insider https://ift.tt/2Ht1qwC
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