Name: Why ‘Generic’ Doesn't Mean ‘Cheap’ by SciFri
Duration: 12 min 14 s
Description: When Turing Pharmaceuticals jacked up the price of a decades-old drug from $13.50 to $750 a pill, the company sparked nationwide outcry over the price of medicine. Aaron Kesselheim and Stephen Schondelmeyer pull back the curtain on the generic drug sector and talk about price spikes, FDA backlogs, and why some generic meds can cost nearly as much as brand-name pills.

Ryan Rykaczewski describes one of the most massive migrations on the planet, driven by the sun. Image by Tintinnidguy (Own work) [CC BY-SA 4.0 (http://creativecommons.org/licenses/by-sa/4.0)], via Wikimedia Commons 

#ExplainTheSun  - The Largest Migration on The Planet

When Turing Pharmaceuticals jacked up the price of a decades-old drug from $13.50 to $750 a pill, the company sparked nationwide outcry over the price of medicine. Aaron Kesselheim and Stephen Schondelmeyer pull back the curtain on the generic drug sector and talk about price spikes, FDA backlogs, and why some generic meds can cost nearly as much as brand-name pills.


Why ‘Generic’ Doesn't Mean ‘Cheap’

Once, there was the ordinary incandescent light bulb. It shone brightly, but wasted much of the energy put into it as heat. Then came the compact fluorescent. And as costs have dropped, consumers have increasingly been switching to light-emitting diode (LED) technology for many lighting applications, in an ongoing search for a more efficient bulb. Now, in work published in the journal Nature Nanotechnology, researchers report that nanophotonic devices may be able to breathe new life into old incandescent technology. Marin Soljačić and Ognjen Ilic, two authors of the study, explain how they’ve been able to “recycle” some of the incandescent bulb’s wasted heat and re-emit it as visible light, boosting efficiency.

For the Lowly Incandescent Bulb, a Ray of Hope

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Why ‘Generic’ Doesn't Mean ‘Cheap’

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