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Article: FDA Announces Initiative to Bolster Generic Drug Program
- Article from:
- U.S. Newswire
- Article date:
- October 4, 2007
CopyrightCopyright 2007 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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To: HEALTH/MEDICAL EDITORS
Contact: Sandy Walsh, +1-301-827-6242, sandy.walsh@fda.hhs.gov, or
Rita Chappelle, +1-301-827-6242, rita.chappelle@fda.hhs.gov, both of
the U.S. Food and Drug Administration
WASHINGTON, Oct. 4 /PRNewswire-USNewswire/ -- 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 the FDA modernize and
streamline its generic drug ...