Generic drug prices to fall by 40 percent

Published: 2010-02-26 07:00:00
Updated: 2010-02-26 07:00:00
When 4-5 first generic drug gets listed for insurance coverage, the price of the next generic drug will be decreased by almost 40 percent from this March, the Ministry of Health and Welfare said recently.

A drug is generic when it is the chemical equivalent of a name-brand drug with respect t...

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