California may soon find itself in the prescription drug business.
Gov. Gavin Newsom (D) will share the new state budget on Friday, and it is expected to include a proposal that California start selling its own brand of generic drugs. It would become the first state to do this, and Newsom's office said the goal is to increase competition in the generic drug market, saving Californians money.
"A trip to the doctor's office, pharmacy, or hospital shouldn't cost a month's pay," Newsom said in a statement. "The cost of healthcare is just too damn high, and California is fighting back." His office did not release many details about the proposal, but did say California could work with multiple generic drugmakers to offer specific prescriptions under the state's label, the Los Angeles Times reports.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Settling the West Bank: a death knell for a Palestine state?In the Spotlight The reality on the ground is that the annexation of the West Bank is all but a done deal
-
Sudoku medium: August 23, 2025The Week's daily medium sudoku puzzle
-
Sudoku hard: August 23, 2025The Week's daily hard sudoku puzzle
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
-
US to take 15% cut of AI chip sales to ChinaSpeed Read Nvidia and AMD will pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China
-
NFL gets ESPN stake in deal with DisneySpeed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
-
Samsung to make Tesla chips in $16.5B dealSpeed Read Tesla has signed a deal to get its next-generation chips from Samsung
-
FCC greenlights $8B Paramount-Skydance mergerSpeed Read The Federal Communications Commission will allow Paramount to merge with the Hollywood studio Skydance
-
Tesla reports plummeting profitsSpeed Read The company may soon face more problems with the expiration of federal electric vehicle tax credits
-
Dollar faces historic slump as stocks hit new highSpeed Read While stocks have recovered post-Trump tariffs, the dollar has weakened more than 10% this year
