2019
DOI: 10.1002/cpt.1320
|View full text |Cite
|
Sign up to set email alerts
|

Generic Drugs: Expanding Possibilities for Clinical Pharmacology

Abstract: In the United States, generic drugs provide ~ 90% of the prescriptions dispensed but only account for 23% of prescription drug spending. The cumulative savings due to the use of generic drugs are estimated to be as large as $1.67 trillion from 2007−2015. 1 However, the complex ecosystem that provides these generic products includes multifaceted and dynamic interaction of scientific, regulatory, and economic factors. The financial advantages for patients and consumers seem to be because of the numerous interac… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2

Citation Types

0
2
0

Year Published

2020
2020
2024
2024

Publication Types

Select...
4
1

Relationship

0
5

Authors

Journals

citations
Cited by 5 publications
(2 citation statements)
references
References 14 publications
0
2
0
Order By: Relevance
“…Distinct from the other generics approved under an abbreviated new drug application (ANDA), authorized generics are manufactured by the same company (also referred to as innovator company) as the brand-name drug, under the same processes, and often alongside the brand-name drug. However, authorized generics are not marketed under the brand-name and may not mention their association with the innovator company in their labeling [24,25]. Despite not using the brand-name, an authorized generic is marketed under the brand-name's new drug application (NDA) number, and as such is not listed separately in the FDA's Approved Drug Products with Therapeutic Equivalent Evaluations (more commonly referred to as the Orange Book) [26].…”
Section: Introductionmentioning
confidence: 99%
“…Distinct from the other generics approved under an abbreviated new drug application (ANDA), authorized generics are manufactured by the same company (also referred to as innovator company) as the brand-name drug, under the same processes, and often alongside the brand-name drug. However, authorized generics are not marketed under the brand-name and may not mention their association with the innovator company in their labeling [24,25]. Despite not using the brand-name, an authorized generic is marketed under the brand-name's new drug application (NDA) number, and as such is not listed separately in the FDA's Approved Drug Products with Therapeutic Equivalent Evaluations (more commonly referred to as the Orange Book) [26].…”
Section: Introductionmentioning
confidence: 99%
“…The global pharmaceutical market requires high-quality generic drugs. Solely in the USA, approximately 90% of prescribed drugs are generic; at the same time, they account for less than a quarter of total expenses on prescription drugs (1). In 2018, savings from generic drug prescription amounted to 292.6 billion dollars in the USA alone (2).…”
Section: Introductionmentioning
confidence: 99%