California could be 1st state to sell own prescription drugs
By ADAM BEAM
SACRAMENTO, Calif. (AP) - California could become the first state to make its own prescription drugs.
Gov. Gavin Newsom said Thursday that the goal is to lower prices by increasing competition in the generic drug market.
His proposal also would create a single market for drug pricing in California, with companies having to bid to sell their medicine at a uniform price.
Lawmakers must approve the plan for it to become law.
Newsom's office did not say how much it would cost. That led to criticism from some Republican lawmakers, who say the state should not compete with private companies.
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