This article gives an average fee of $1M and wait time of 40 months for a manufacturer to be approved to sell a generic drug. And that's just the fee to the FDA -- it doesn't include the cost of running human studies (which can cost tens of millions) or other compliance costs.https://twitter.com/aclough/status/1184486748321189888 …
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Honestly, this is an opportunity for some company to pull an Uber and just flagrantly violate the law while rapidly becoming so popular with consumers that the FDA can't afford the public outcry of shutting you down.
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Imagine a national pharmacy chain -- make it a delivery service, why not -- that sources its generic drugs internationally, using only purity testing to confirm they're the real thing, not the more elaborate FDA test.
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The pharmacy gets reimbursed by insurers and pockets the profit from getting cheaper drugs. You might even get health plans to love it, because without long pharmacy waits, compliance goes up, and with generic-only pricing, reimbursement costs go down.
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