Generic Prices

Generic Prices

Prices that assume a more or less standardized set of transaction characteristics that generally command the lowest prices.

Generic prices are distinguished from transaction specific prices, which pertain to the characteristics of a specific transaction. See Nichification/Generic Price Quotes.

References in periodicals archive ?
Early studies focused on reduced form or semireduced form regression models that showed that branded prices and generic prices responded differently to generic entry.
As competition among generic drug companies increases and generic prices decline in developed nations, generic firms have turned to Eastern Europe where a growing middle class has increased demand for generic drugs and manufacturing costs less.
Under this plan, new drugs would be sold at generic prices as soon as the FDA approved them, and innovation would be rewarded not by high monopoly prices, but by a $60 billion per year fund, which would provide money to developers of new products based upon the actual impact on health outcomes over ten years.
The issue of rapidly escalating generic prices coupled with unduly slow adjustments to MAC lists is a primary causal factor driving reform efforts in a number of states, including Arkansas.
The researchers then determined that with 12 generic manufacturers, generic prices would be 33% of branded prices.
Purpose of the tender is the conclusion of contracts for the supply, makes of urinary incontinence aids for insured the KKH including all the related services, such as a telephone consultation and order acceptance; requirements determination; instruction / personal counseling of the insured or the caregivers , delivery, additional delivery and processing of returns on the basis of generic prices.
They show substantial price increases in brand name prices accompanying large reductions in generic prices as entry of generics occurs.
On the other hand, the squeeze on government spending has not left generics untouched with many countries lowering generic prices through cuts in reimbursement rates or contract tendering with a resultant squeeze on margins.
Through this initiative, provinces and territories have together achieved the lowest generic prices to date in Canada.
How to Forecast Generic Pharmaceutical Prices - A practical method to estimate future generic product prices is a unique guide that will help you be able to forecast future generic prices before and after launch.
Canadian generic prices have been significantly higher than American generic prices for a long time.

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