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 September.

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.

 

 

Break out of the ordinary: see what’s new in life sciences packaging
At PACK EXPO Las Vegas, you’ll see machinery in action and new tech from 2,300 suppliers, collaborate with experts and explore transformative solutions. Join us in September to experience a breakthrough for life sciences products.
REGISTER NOW & SAVE!
Break out of the ordinary: see what’s new in life sciences packaging
List: Digitalization Companies From PACK EXPO
Looking for CPG-focused digital transformation solutions? Download our editor-curated list from PACK EXPO featuring top companies offering warehouse management, ERP, digital twin, and MES software with supply chain visibility and analytics capabilities—all tailored specifically for CPG operations.
Download Now
List: Digitalization Companies From PACK EXPO