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| | SalemNews.com, Salem, MA - Drugmakers want U.S. to allow 'generic' biotech medicines |
 | | Generic drugs accounted for 56 percent of prescriptions in 2005, up from 20 percent two decades ago, while generating 13 percent of drug sales, according to the Generic Pharmaceutical Association, an Arlington, Va.-based trade group. |
 | | Many biotech medicines carry high price tags, and generic versions are likely to lower prices by 20 percent to 30 percent, Elise Wang, an analyst with Citigroup Inc. in New York, said in an interview. |
 | | General Motors Corp., the biggest U.S. purchaser of health care outside the government, and AARP, the largest lobbying group for older Americans, are backing the generic-drug makers' effort. |
| www.salemnews.com /business/local_story_012121849 (765 words) |
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