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THW - California mulling private-label generics to address high drug costs
Tekla World Healthcare Fund Shares of Beneficial Interest
The new budget proposed by California Governor Gavin Newsom includes a plan to allow the state to contract with generic drug makers to provide medicines to all Californians. He believes that the government's purchasing power may be sufficient to cut drug prices to the state's 40M residents, almost 33% Medicaid enrollees.
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