Generic drugs now make up over 90% of U.S. prescriptions but cost only 23% of total drug spending. Learn how the Hatch-Waxman Act and FDA regulations turned generics from rare exceptions into the backbone of affordable medicine.
The Hatch-Waxman Act created the legal framework for generic drug approval in the U.S., saving billions in healthcare costs. Learn how ANDAs, the Orange Book, and patent challenges make generics possible.