California Assembly Passes Generic-Drug Cost-Reduction Bill
A bill aimed at reducing the prices of generic drugs in California has passed overwhelmingly in the lower house of the state's legislature, the Assembly. That approval, in which 50 lawmakers voted in favor of and only four against, was the latest effort by a state body to rein in the costs of a great many medications.
In its words, SB-852 "require[s] the California Health and Human Services Agency (CHHSA) to enter into partnerships, in consultation with other state departments as necessary to, among other things, increase patient access to affordable drugs."
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Source Fool.com
