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Access here alternative investment news about Civica Rx: Hospital-led Nonprofit To Fight High Drug Prices | Fortune
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Civica Rx: Hospital-led Nonprofit To Fight High Drug Prices | Fortune

by fortune.com posted 2weeks ago 83 views
The group is called Civica Rx and comprised of major health systems like the Mayo Clinic and HCA Healthcare. : Back in January, a number of leading U.S. health systems announced an ambitious project: They would be banding together to create a non-profit generic drug company in the hopes of combating sky high drug prices and shortages regularly faced by American patients. On Thursday, that initiative got an official name—Civica Rx—in addition to $30 million in funding from a slew of major investors including the Laura and John Arnold Foundation.

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