The initial chapters of this report provide an orientation of Generic
First, it should be noted that legalized generics
have been around in some form or other since 1888, when the American Pharmaceutical Association published the National Formulary to prevent counterfeiting of branded products.
When asked how prices would be decreased, Mr Amanullah said over the years a number of pharmaceutical companies selling generic
medicines had obtained permission to sell drugs at higher rates.
are only cheaper because the manufacturers did not incur research and development expenses.
Hence, we would like to conclude that in our study we found that the prescribers had a fair knowledge regarding the safety, efficacy, and cost of generic
Doctors should do very much care after recognizing the patient's wealth condition they should depend upon a generic
medicine but they feel proud to write a costly medicine for the patient to precure their visiting fee.
Based on distribution channel type, the global branded generics
market is segmented into the following:
'I worked for an originator company for 20-odd years and one of our messages was this: if your kid had meningitis, would you use generics
? It's the fear factor, and prejudices many doctors against generics
which the patient obviously follows.'
The health agency had also said that generic
drugs had become cheaper by more than 50 percent compared to branded counterparts and the market share of generic
medicine had expanded to 60 percent since the passage of the generics
Q: Where do you see the opportunities and challenges for the generics
industry while consistency evaluation is being made of generic
While people may be uncertain about using generic
drugs initially, research has shown that they are more likely to adhere to treatment when prescribed more affordable generic