Civica Rx
Nonprofit generic pharma company Civica Rx is "breaking through with positive impact on drug shortages and affordable prices in the hospital-use generic drugs market" (New England Journal of Medicine). Civica, established by hospitals for hospitals, was created for the express purpose of preventing and mitigating drug shortages in the United States. Representing 1,400 hospitals, Civica has provided nearly 250M units of medications to help treat millions of patients. Hospital pharmacists prioritize the medicines Civica provides, and its longer-term purchase & supply actions add stability to the market. Civica targets 6 months of extra inventory to buffer supply shortages. Its new manufacturing plant in VA will enable Civica to provide even more medications to hospitals and their patients.