California considers state-brand drugs to fight “greedy pharmaceutical companies”

A close up of Newsom's face turned to face reporters not pictured, with camera lights in the background.

Enlarge / California Governor Gavin Newsom. (credit: Getty | AGUSTIN PAULLIER )

California could become the first state to introduce its own brand of generic prescription drugs in an effort to drag down stratospheric healthcare costs.

The plan for state-branded drugs is part of California Gov. Gavin Newsom’s budget proposal, which he is expected to unveil Friday, January 10.

“A trip to the doctor’s office, pharmacy or hospital shouldn’t cost a month’s pay,” Newsom said in a statement. “The cost of healthcare is just too damn high, and California is fighting back.”

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https://arstechnica.com/?p=1642177

Source: Ars Technica

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