June 27, 2017 / 2:17 PM / in 2 months

BRIEF-U.S. FDA says taking new steps to increase competition for prescription drugs

June 27 (Reuters) - U.S. FDA :

* Says taking 2 new steps to increase competition in market for prescription drugs and facilitate entry of lower-cost alternatives

* Says published a list of off-patent, off-exclusivity branded drugs without approved generics

* Says it will expedite review of generic drug applications until there are three approved generics for a given drug product Source text : (bit.ly/2sWSLNj)

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