California may be the first state to develop its own generic drugs
Los Angeles Times
SACRAMENTO California is poised to become the first state to develop its own line of generic drugs, targeting soaring drug prices and stepping into a fiercely competitive drug market dominated by deep-pocketed pharmaceutical companies.
The Democratic-controlled Legislature overwhelmingly approved a measure Monday that would direct the states top health agency to partner with one or more drug companies by January to make or distribute a broad range of generic or biosimilar drugs including the diabetes medicine insulin that are cheaper than brand-name products.
The bill, SB-852, also opens the door for California to make its own generic drugs in the future.
SNIP
Under the measure, state-developed generics would be widely available to public and private purchasers within California. Taxpayers would pick up the costs roughly $1 million to $2 million in startup funding, plus ongoing staff costs estimated in the low hundreds of thousands of dollars annually, according to a state fiscal analysis.
https://www.latimes.com/california/story/2020-09-01/california-may-dive-into-generic-drug-market
According to the link, the bill does indeed call for the production of at least one form of insulin ..."
This is awesome news. Now, how about single-payer health insurance?