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Hatch-Waxman Act: How It Built the U.S. Generic Drug System

Hatch-Waxman Act: How It Built the U.S. Generic Drug System

The Hatch-Waxman Act created the modern system for generic drug approval in the U.S., balancing innovation incentives with affordable access. It cut drug costs by billions but has been exploited through patent manipulation.

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Jan 16, 2026 by Will Taylor

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