DIY generic drugs

Home Depot would be so proud. This week four health systems from across the USA plan to form a nonprofit generic drug company to address the high costs and shortages of generic medications. Ok, but last we knew, generic drugs were cheap. Apparently not so, and what’s worse, some generic medications are in scarce supply. News to us. And who wouldn’t want to be in the generics business? Look at Teva, the stock’s only down 38% in the past year. That said, the new (unnamed) consortium that represents ~450 hospitals intends to be an FDA-approved manufacturer and will either directly manufacture generic drugs or sub-contract manufacturing to reputable contract manufacturing organizations. Best of luck. We love the ingenuity. Some recommended names: ShowMeTheDrugs, DrugsRUs, GenericMe, iGeneric, or GiveMeMyGenericsNowAndAtALowPrice.