The report presents financial deal term values for Generic
Pharmaceutical deals, listing by headline value, upfront payments, milestone payments and royalties, enabling readers to analyse and benchmark the financial value of deals.
By comparing and analyzing whatever data is available on all the actual ingredients of a drug, whether branded or generic
, pharmacies can help forestall bad outcomes from using drugs that contain potential allergens or pathogens.
It also shows that 20 tablets of 10mg Norvasc of Pfizer, which is used for lowering high blood pressure and helps prevent strokes, is sold for Rs375 while the generic
cannot be sold for more than Rs319.
Also, multiple generic
companies are often approved to market a single generic
product, which creates competition and, typically, results in lower prices.
Figure 1: Participant's knowledge regarding less generic
medicine prescription Limited availability of these products in chemists 18, 8.29% Weak encouragement for their prescription by medical 45, 20.74% practitioners Lack of knowledge among healthcare professions 37, 17.05% All of the above 117, 53.92% Note: Table made from pie chart.
It can dumbfounded to a person that India is a leading country in the world's generic
drugs market, exporting $17.3 billion worth of drugs in the 2017-18 (April-March) year.
The deal allowed Teva to scrap its attempt to take over rival generics
company Mylan NV.
The global branded generics
market is classified on the basis of product type, application, end use and geography.
Using claims data from more than 1 million medical aid members, Mediscor, a pharmacy benefit management organisation, puts generic
use at 56%, and growing.
Arava ( Leflunomide tablet) is authorised for people living with rheumatoid arthritis (RA) and works by blocking the autoimmune antibodies that reduce inflammation with the aim of improving mobility.
drugs only from drugstores that are accredited or registered by the Food and Drug Administration to ensure their quality, efficacy and safety, said the DOH on its Facebook and Twitter accounts.