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Business Curio

 September 21, 2024

The history — and shaky future — of the generic drug market

6 CQ

This September marks 40 years since the birth of the generic drug industry in the United States. They saved Americans nearly $450 billion last year alone. But all is not well in the industry — big players are leaving, and drug shortages are common. Will we still be able to depend on affordable, high-quality generics in the future? Also: new rules on bank mergers, and a disagreement between the stock market and bond market.

Aired September 20, 2024

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