GPhA disputes lawmakers on generic prices

The Generic Pharmaceutical Association (GPhA) challenged data cited by members of Congress who are launching an investigation into generic drug prices.

Sen. Bernie Sanders (I-Vt.) and Rep. Elijah Cummings (D-Md.) announced their investigation on Thursday, claiming that prices are "soaring." The legislators cited Healthcare Supply Chain Association (HSCA) data on 10 generic medicines whose price increases ranged from 388%-8,281% between October 2013 and April 2014. ...