FTC: Delays in Generic Drugs on the Rise

(AP) -- Drug companies increasingly are reaching legal settlements that delay the introduction of cheaper generic medicines and cheat Americans of billions of dollars a year in savings, federal regulators on Wednesday told lawmakers seeking to ban the agreements.

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<p><a href="http://www.physorg.com/news88271086.html">FTC: Delays in Generic Drugs on the Rise</a></p> <p>(AP) -- Drug companies increasingly are reaching legal settlements that delay the introduction of cheaper generic medicines and cheat Americans of billions of dollars a year in savings, federal regulators on Wednesday told lawmakers seeking to ban the agreements.</p>