Generic drug maker trouble

[Tero]

http://money.cnn.com/2017/12/14/investi ... index.html

The business is such that to make drugs cheap, you have to sell them all in huge volume world wide.

[Tero]

If we allowed more monopoly, one or two giants of the drug industry would buy it. Then they would double each generic price. That way you have the brand name and generic at the same price and people will pick the brand name. If they pick the generic, they make the same income!

[Tyrannical]

If we allowed more monopoly, one or two giants of the drug industry would buy it. Then they would double each generic price. That way you have the brand name and generic at the same price and people will pick the brand name. If they pick the generic, they make the same income!

Mucinex, brand name for congestion medication of guaifenesin. The generic was a quarter of the cost, but also contained a quarter of the active ingredient. Which is why you always read the labels.