First, it should be noted that legalized generics
have been around in some form or other since 1888, when the American Pharmaceutical Association published the National Formulary to prevent counterfeiting of branded products.
Drap has directed pharmaceutical companies to reduce the MRPs of their higher priced generics
up to the level as mentioned in the letter issued on June 19.
are only cheaper because the manufacturers did not incur research and development expenses.
released its latest report on the 'Generic
Drugs Market in India 2017'.
3 August 2016 - Irish drugmaker Allergan plc (NYSE: AGN) has closed an agreement under which Israeli generics
specialist Teva Pharmaceutical Industries Ltd.
The global branded generics
market is expected to grow significantly as large number of pharmaceutical products are going to be off patent within the forecast period.
Curiously, many patients and doctors continue to overlook or ignore this aspect of cost cutting, and health care providers frequently prescribe patients more expensive brand-name medications--even when equally effective, well proven, and less expensive generic
therapies are available.
'I worked for an originator company for 20-odd years and one of our messages was this: if your kid had meningitis, would you use generics
? It's the fear factor, and prejudices many doctors against generics
which the patient obviously follows.'
M2 PHARMA-October 2, 2015-Sanofi unveils generic
Arava (Leflunomide) tablets for rheumatoid arthritis
In 2013, the DOH reported that 25 years after the enactment of the generics
law, unbranded medicines had gained wider acceptance in the country, with five to six out of 10 Filipinos opting to buy generic
Q: Where do you see the opportunities and challenges for the generics
industry while consistency evaluation is being made of generic