Tag: FDA approval

Discover how authorized generics offer a safe, cost-effective switch from brand-name drugs. Learn the key differences from traditional generics, FDA regulations, and how to save on prescriptions.

The Hatch-Waxman Amendments of 1984 created the modern generic drug system in the U.S., cutting costs by up to 90% and boosting generic market share to 90%. It balanced innovation incentives with patient access-and still shapes drug prices today.