Discover your next big idea for life sciences at PACK EXPO Las Vegas
Experience a breakthrough in life sciences packaging—explore solutions from 2,300 suppliers spanning all industries, all in one place this month.

What is causing generic drug prices to rise?

Industry experts say supply chain and drug shortages could be to blame.

 

NBC News recently aired a story about the cost of generic drug prices.

They reported in some cases, "nearly half of generic medications increased in price in a year."

So, what is causing this increase?

While some politicians told the network, it is greed, Ralph G. Neas, President and CEO of the Generic Pharmaceutical Association, has a different take.

"It happens sometimes, because there can be drug shortages, there could be supply problems around the world, there could be a whole bunch of market forces," he told the network.

View the full segment by clicking here.

 

 

Medical Device Innovations Report
Cutting-edge packaging technologies are transforming the medical device sector in PMMI’s “Innovation in Medical Device” report, featuring advanced materials, smart solutions, and evolving regulations. Editors share insights from nearly 300 PACK EXPO booth visits—each product deemed new and truly innovative—alongside video demonstrations of the equipment and materials on display.
Learn More
Medical Device Innovations Report
Researched List: Blister Machines for Life Sciences
Need a blister machine for life sciences packaging? Our curated list features companies serving pharmaceutical, medical device, nutraceutical, and cosmetic industries. Download to access company names, locations, machine specifications, descriptions, and more.
Download Now
Researched List: Blister Machines for Life Sciences