"In 2022, it was estimated that 91% of all prescriptions in the United States were filled as generic drugs.... Generic drug prices are consistently lower than brand-name prices across all market sizes and time periods ... The impact of competition on relative drug prices is stable over time: the price reductions are similar for generic drugs first entering the market in the most recent period 2016-2019 compared to both earlier periods, 2007-11 and 2012-15."  MORE >>