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Which of the following statements is true? Data suggests that the price of a medication is lowest immediately after introduction of the first generic version.
Which of the following statements is true? Data suggests that the price of a medication is lowest immediately after introduction of the first generic version. FDA has stated that generic medication offers the same clinical benefit as the name-brand alternative. It is estimated by Conrad and Lutter that on average, when six or more generic alternatives are available a price reduction of at least 25% is expected. The World Health Organization is solely responsible for assigning generic medication names
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