California Seeks To Create Its Own Rx Line To Cut Prescription Costs
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Health Sciences, Social Studies, Biology
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University
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California plans to launch Cal RX, a generic drug program to reduce healthcare costs by contracting with manufacturers to produce certain drugs. Governor Newsom aims to create a single market with uniform drug prices, though pharmaceutical companies' cooperation is uncertain. The proposal requires legislative approval and its cost is yet to be determined, but California expects a $7 billion surplus.
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