One of the key highlights of the report is that over 300 online deal records of actual Generic
Pharmaceutical deals, as disclosed by the deal parties, are included towards the end of the report in a directory format - by company A-Z, stage of development, deal type, therapy focus, and technology type - that is easy to reference.
Here, pharmacies can work together with insurers to manage care for patients who have to change to a generic
drug for financial reasons, or even from one generic
However, there were rumours on social media which said that generic
medicines were being sold at much lower rates compared to the originator brands.
STRINGENT STANDARDS Importantly, generics
should not be mistaken for counterfeits, which are illegally manufactured copies that may or may not contain the same active ingredient(s) as branded drugs.
These early benefits may also help to reduce the number of application review cycles ultimately decreasing the time it takes for the generic
drug to receive approval.
Figure 3: Frequency of generic
medicine prescription by the participants Yes, always 33.18% 47.93% 12.44% 6.45% Note: Table made from pie chart.
This variability can and does occur during manufacturing, for both brand-name and generic
Based on application, the global branded generics
market is segmented into the following:
The use of generics
in South Africa (SA) is growing in line with trends in the UK and the USA--but is still nowhere near their levels.
According to the company, the authorised generic
version of Arava has the identical chemical makeup as the original Arava first approved by the US FDA in 1998.
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
Several companies may make the same generic
medicine, each with their own brand name.
China and many other developing countries will become major transfer destinations of the generic
drug industry for further growth.
Do your patients/clients understand what generic
for allegedly conspiring to stall sales of competing generic
versions of Pfizer's best-selling drug, Lipitor, which treats high cholesterol.