By Page Minemyer @ Fierce Healthcare

Some of the largest providers in the U.S. have officially joined forces to launch a nonprofit generic drug company. 

Civica Rx was formally established Thursday after it first announced in January. The idea, which was spearheaded by Intermountain Healthcare, drew plenty of interest from hospitals and health systems; more than 120 healthcare organizations—including one-third of U.S. hospitals—have signed on. 

Read the entire article: Fierce Healthcare