Not really defending anything here. Just saying that producing drugs in the US costs more than other places. Unless they are buying tablets from a manufacturer that are already FDA approved, they still have to prove the similarity of their generic product to the FDA - the product has to provably be what it is labeled to be.
"We will let everyone know what it costs to manufacture, distribute, and market our drugs to pharmacies. We add a flat 15% margin to get our wholesale prices. This makes sure we remain viable and profitable. There are no hidden costs, no middlemen, no rebates only available to insurance companies. Everybody gets the same low price for every drug we make."
I guess we'll get to see where the price comes from.
https://www.fda.gov/drugs/news-events-human-drugs/generic-dr...
If you take Cost Plus at its word:
"We will let everyone know what it costs to manufacture, distribute, and market our drugs to pharmacies. We add a flat 15% margin to get our wholesale prices. This makes sure we remain viable and profitable. There are no hidden costs, no middlemen, no rebates only available to insurance companies. Everybody gets the same low price for every drug we make."
I guess we'll get to see where the price comes from.