Blood-Pressure Medicine Will Be First Product for New Generic Drug Venture
ProvideGx, a new generic-drug venture, will begin supplying metoprolol in the middle of this month, according to executives at Premier, which unveiled the subsidiary last month. The venture’s supplies of the injectable drug will be made by drugmaker Baxter International Inc. The arrangement is the latest to emerge with the aim of resolving the shortages and in some cases, ever-increasing prices of off-patent medicines.
