By Patrick Wingrove

Dec 4 (Reuters) – Billionaire Mark Cuban has urged the Trump administration to waive the hundreds of thousands of dollars in regulatory fees required for generic drug approvals, he told Reuters on Wednesday.

Cost Plus Drugs, an online pharmacy Cuban launched to sell drugs directly to customers at low prices, would start U.S. manufacturing of certain generic medicines if the fees were scrapped, he said.

U.S. President Donald Trump, who campaigned on a promise to boost domestic manufacturing, has vowed this year to bring the production of pharmaceuticals and their key ingredients back to American soil.

Drugmakers have in response pledged to invest hundreds of billions of dollars collectively to expand their U.S. manufacturing and have committed to lowering prices for

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