Tag: Hatch-Waxman Act
Medications
Hatch-Waxman Act: How U.S. Law Made Generic Drugs Fast, Affordable, and Legal
The Hatch-Waxman Act created the legal framework that made generic drugs fast, safe, and affordable in the U.S. By allowing abbreviated approvals and patent challenges, it saved over $1.7 trillion in healthcare costs and now drives over 90% of prescriptions.