Hospitals Form Drug Company to Fight Rising Costs
Sept. 6, 2018 -- Three U.S. healthcare foundations and seven hospitals groups have formed a generic drug company to combat high prices and chronic shortages of medicines.
The company, Civica Rx, will start with 14 widely used hospital drugs, including generic pills, patches and injectable drugs for treating infections, pain and heart conditions, board chairman Dan Liljenquist said, the Associated Press reported.
"The mission of Civica is to make sure these drugs remain in the public domain, that they're available and affordable to everyone," he said.
https://www.webmd.com/health-insurance/news/20180906/hospitals-form-drug-company-to-fight-rising-costs
