Leading generics pharmaceutical company
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 […]
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 […]
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 […]
The difference in spending by Medicare on brand-name combination medications and the cost of the equivalent generic constituents was an estimated $925 million for 2016, according to results of a study published in JAMA. Additionally, a cumulative savings of $2.7 billion was calculated from 2011 to 2016. Investigators of this retrospective analysis sought to estimate the […]
Conceived by the UPA government as “Jan Aushadhi Scheme” in 2008 in order to provide quality medicine at affordable prices to all, the scheme has undergone major revamping and restructuring under the Narendra Modi led NDA government and has become one of the most popular schemes of the current government. The scheme was renamed as […]
He said generic medicines have so far captured six per cent of the market in the pharmaceutical sector. July 24, 2018, 14:50 IST NEW DELHI: Not a single case of poor quality of generic drugs have been reported from the nearly 4,000 centres across India selling such medicines, union minister Mansukh Mandaviya said in Lok […]
Generic drugs are named according to the main chemical or salt present in the drug. These drugs are not given fancy brand names by different pharmaceutical companies and patented in the market; rather they are sold under their manufacturer’s name. Generic drugs may look or taste different from brand name drugs, but have the same […]
