Leading generics pharmaceutical company
As per the study conducted by Journal of Drug Delivery and Therapeutics, about 62% of healthcare providers want to substitute generic drugs but not for all the cases they treat, thus indicates the perception of the efficacy of the two classes of medicines. With the escalating cost of healthcare facilities, many people in India […]
India has decided to rethink which medicines can and can’t be sold without prescriptions. These measures will finally create a definition for over the counter (OTC) drugs and possibly curb the sale of some dangerous medicines. So what separates OTC drugs from prescription-only and why is this categorisation so important? In November 2016, India’s drug […]
Date: March 5, 2019 In a move to promote low-cost generic medicines, the government plans to color code such drugs to enable consumers to differentiate between generic medicines and other drugs and take an informed decision while purchasing them from chemists. Apart from color coding, the government is also considering use of symbols to […]
Medicare could have saved nearly 90% of spending on angiotensin converting enzyme inhibitors and angiotensin-II-receptor blockers in 2016 and 2017 through generic substitute or therapeutic interchange, according to study results published in JAMA Internal Medicine. “Prescription drug spending accounts for an increasing share of U.S. health care costs.” Mathew E. Growdon, MD, MPH, of the […]
Effective 1 July 2019, the EU adopted a regulation by introducing a supplementary protection certificate (SPC) manufacturing and stockpiling waiver. This waiver also applies for biosimilar versions of SPC-protected medicine during the term of the SPC. SPC’s are defined as IP rights extending patent protection for up to five years for medicines that are […]
“Costly branded medicines are a factor in driving up the cost of insurance”! Expensive branded medicines prescribed by doctors are driving up the cost of healthcare for insurers and employers, experts have said. Insurers said too many physicians are sending patients home with bags of unnecessary drugs. The issue is a factor in a new […]
It’s pretty much just two women who name the 200-plus drugs that come out every year Generic prescriptions allow patients to get the medicines they need at a lower price, without sacrificing the quality of treatment because, as we know, generic drugs are required by the FDA to be nearly identical to their name-brand […]
BARCELONA — In 2014, ViiV Healthcare, a pharmaceutical company dedicated to ending the HIV epidemic, and the Medicines Patent Pool, an organization funded primarily by Unitaid to increase access to medicines in lower-income countries, signed two voluntary licensing agreements. The agreements allowed generic manufacturers to produce and sell low-cost versions of the ViiV-developed HIV drug dolutegravir in all low- […]
According to the Association for Accessible Medicines 2019 report with data from IQVIA, generic drug savings totaled $293 billion in 2018, which resulted in a 10-year savings of almost $2 trillion. Other key findings include that 4 billion generic prescriptions were filled across the U.S. in 2018, which is 90% of all dispensed prescriptions. Additionally, 95% of […]
Explained: Why Potassium Iodide Pills Are In Demand Since Ukraine War Began According to Centers for Disease Control, potassium iodide can help block radioactive iodine from being absorbed by the thyroid gland. The intensifying war in Ukraine has led to a surprising surge in the demand for potassium iodide pills. The fear of radioactive fallout […]
