Non-profit generic drug company created
By 
Rebecca Trager2018-01-23T13:56:00
Intermountain Healthcare is leading an effort in the US to prevent drug shortages and end their skyrocketing prices
A new, not-for-profit generic drug company has been launched to address the problem of critical drug shortages and skyrocketing prices for pharmaceuticals in the US. The effort is being led by Intermountain Healthcare, a non-profit health system based in Salt Lake City, Utah, together with two other US healthcare systems and in consultation with the US Department of Veterans Affairs. Intermountain hopes to help finance the venture through donations and philanthropic activity.