Leading generics pharmaceutical company
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 […]
Cost of branded drugs almost 14% below average in 50 countries surveyed Irish patients pay over six times the international average for generic drugs while branded medicines cost less than the average, according to a new survey. Ireland has the lowest price for the erectile dysfunction drug Viagra of the 50 countries included in the […]
Here’s what to look out for — other than the packaging Prescription drug costs are an issue for millions of Americans, many of whom use prescription medicine on a daily basis. And since Medicare doesn’t always cover brand-name drugs, it’s worth giving some thought to what exactly, if any, are the differences between brand name and […]
In the 56th meeting of the DCC, it was proposed that Registered Medical Practitioners (RMP) shall supply ‘generic medicines’ only. New Delhi: To promote usage of generic medicines, the Central Drugs Control Standard Organisation’s (CDCSO)- Drug Consultant Committee (DCC) has proposed that doctors should prescribe only generic instead of branded medicines to patients. In the […]
Cases of thyroid cancer are on the rise in the United States, and experts want you to know how people at high risk for the disease can detect it early. According to the American Cancer Society, 54,000 new cases will be diagnosed in the United States in 2018. And three out of four of these […]
In line with the government’s vision of affordable and accessible healthcare for all, it would be worthwhile for public and private players to come together and work on a roadmap to resolve some of these teething issues. Siddharth Gadia and Girish Agarwal, Founders, Generico, give an insight 62-year-old Bhagat (name changed upon patient’s request) […]
The FDA has issued a statement to promote the development of complex generic drugs to ensure access for patients and healthy drug competition The FDA has released a statement highlighting practices to improve the development of complex generic drugs in order to promote drug competition and patient access. The FDA Commissioner Scott Gottlieb wrote: […]
Generic drugs can lower the cost of health care for millions of Americans. But hundreds of them have yet to make their way to consumers, even after government approvals. The Trump administration has been trumpeting a huge increase in FDA generic drug approvals the past two years, the result of its actions to streamline […]
LETTERS- The current debate on generic drug use is neither new nor unique to Kenya. Globally, there is a lot of debate and discussion about generic and branded medicines. The question has always been about the authenticity of generic drugs— if they can safely be substituted for the more expensive brand names. Locally, one […]
Too many patients are being priced out of the medicines they need. While FDA doesn’t have a direct role in drug pricing, we can take steps to help address this problem by facilitating increased competition in the market for prescription drugs through the approval of lower-cost, generic medicines. Over the last decade alone, competition from […]
