Generics would hit the market faster under Senate bill, saving more than $3B, says CBO

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Lower-price drugs would hit the market faster under a bipartisan bill awaiting a vote in the Senate, according to a score released Wednesday by the Congressional Budget Office and the Joint Committee on Taxation.

“CBO expects that the bill’s provisions would allow generic drugs … to enter the market earlier, on average, than they would under current law,” authors of the report concluded.

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