Generic Market

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Generic Market

The market for goods and services needed by most consumers. For example, groceries and clothing may be considered part of the generic market.
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"Potential steps to ensure that generic markets remain strong include fast-tracking new generic drug applications when competition is limited, allowing temporary importation of off-patent drugs, and implementing greater oversight of drug company mergers and takeovers," the authors write.
Price Hikes Noted in Small Subset of Generic Drugs; Small but growing proportion of drugs experiencing at least doubling in price
The consolidation of generic markets is also associated with higher prices.
Competition in Generic Drug Markets
* Create policies that recognize the different economic dynamics of the brand and generic markets.
It is important that policy makers pursue patient-centric and market-based solutions that enhance competition and expedite generic market entry to bring down prices and improve patient access to medicines."
Association promotes 'ready-made solutions to high drug costs'
Teva and Sandoz have consolidated their positions at the head of the generic company sales rankings; national and regional businesses have emerged as major forces in emerging generic markets; while new players - including multinationals - have begun to pursue footholds in the generics sector.
Case studies focusing on individual generic businesses and key generic markets.
The Future of the Generics Industry: Opportunities, Threats and Key Trends Now Available at ReportsandReports
* Create policies recognizing the different economic dynamics of the brand and generic markets.
Generic Pharmaceutical Association
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