Leading generics pharmaceutical company
The enforcement by the drug regulator will not be easy given the shortage of drug inspectors – {Taj Generic Drug Division} Prime Minister Narendra Modi wants to defeat the doctor-pharmaceutical company nexus and make medicines affordable by making it compulsory to prescribe drugs in the generic name. But, the good intentions may not give the […]
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 […]
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 […]
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 […]
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 […]
The U.S. Food and Drug Administration has approved three applications for first generics of Gilenya (fingolimod) capsules for the treatment of relapsing forms of multiple sclerosis (MS) in adult patients. “Approving safe and effective generics so patients have more treatment options continues to be a priority for the FDA,” said Janet Woodcock, M.D., director of […]
In the coming years Amsterdam University Medical Center will be preparing more generic versions of rare and expensive medicines in their own pharmacy, with the goal of making these medicines more readily available and cheaper than the medicines offered by pharmaceutical companies. This was made possible by a 5 million euros donation from the VriendenLoterij, […]
In 2018 FDA approved highest number of generic drugs ever: Alex Azar Health & Human Services Secretary Alex Azar on the Trump administration’s efforts to reduce drug prices, mounting concerns over the marketing of e-cigarettes and the surge in the FDA’s approval of generic drugs. The U.S. Food and Drug Administration approved the […]
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 […]
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