Tag: generic drug savings
- Jan 20, 2026
- Posted by Cillian Osterfield
Annual Savings from FDA Generic Drug Approvals: Year-by-Year Breakdown
FDA generic drug approvals save billions each year, with total savings reaching $445 billion in 2023. Year-by-year breakdowns show spikes when big drugs lose patents, and patients pay up to 90% less with generics.
