Saturday, May 04, 2024

NHS please copy.....

 

Competition from 'skinny label' generics saved medicare billions, according to report

An analysis of 15 name-brand drugs and their "skinny label" generic counterparts found that competition from these counterparts saved Medicare Part D nearly $15 billion from 2015 to 2021. Skinny labeling allows generic drug manufacturers to exclude labeling information that remains patent-protected by the brand name manufacturer.