Article: FDA Announces Initiative to Bolster Generic Drug Program Effort will streamline generic drug approval process; provide more o ptions for consumers, health professionals.

M2 PRESSWIRE-5 October 2007-US FDA: FDA Announces Initiative to Bolster Generic Drug Program Effort will streamline generic drug approval process; provide more o ptions for consumers, health professionals(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:04102007

The U.S. Food and Drug Administration today outlined a program aimed at increasing the number and variety of generic drug products available to consumers and health care providers.

Generic drugs generally cost less than their brand-name counterparts and competition among generics has been a key factor in lowering drug prices. The Generic Initiative for Value and Efficiency, or GIVE, will help ...

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