Submission + - Why is the cost of generic drugs surging? (slate.com)
Lasrick writes: Excellent explanation by Jeremy Green: 'What explains the sudden spike in generic drug prices? To answer that question, it’s important to understand how generic drugs emerged as a private sector solution to the public health problem of pharmaceutical access, and why our assumptions about the competitive nature of the generic drug sector may be unfounded. It turns out we may have put too much faith in the competitive nature of the generic drug sector, and that thanks to a largely invisible group of middlemen, it isn’t nearly the free market that we imagined.' Worth reading in full.