Leading generics pharmaceutical company
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 […]
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 […]
Department of Health says ‘generic’ pills provide better value for money. Patients choosing brand-name medication can expect to pay the difference. Healthcare facilities in Abu Dhabi will this weekend begin dispensing “generic” medicines rather than brand-name drugs in a push to provide better value for money in the healthcare system. The Department of Health […]
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 […]
Centre directs all outlets to display generic medicines separately! The State may soon see supply of generic medicines to patients at all the government-run hospitals thanks to the initiative taken by the Central Drugs Standard Control Organisation under the Union Health Ministry. The State has entered into an agreement with a public sector company […]
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 […]
Today, this industry alone amounts to the US $6.5 trillion globally. Even though healthcare has emerged as one of the most powerful industry, affording it has become difficult. With the advancements in technology and research, the healthcare industry across the world has seen an exponential rise in its expenses over the past years. Today, […]
When capital thrives, competition exists. When competition exists, the patients get affordable, high quality care In the first part of this series, we examined the much-maligned world of branded generics. And hopefully convinced some of you to look beyond the criticism and at the facts in what we think is a very important public health […]
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