The company also has a competitive
line of generic drugs.
Not exact matches
The FDA's action cuts off a vital supply
line for the company, given that the plant reportedly makes about 70 %
of the ingredients that Ranbaxy uses to make its U.S.
drugs, including the
generic version
of Lipitor taken by millions
of Americans.
Researchers found that increasing the use
of generic drugs and bringing Canadian
drug prices in
line with other countries where universal
drug plans achieve better prices through bulk purchasing and negotiation, would add up to significant savings.
Now that India, the world's fourth - largest manufacturer
of generic drugs, is poised to make it a crime to copy patented
drugs, neighboring countries such as Bangladesh with no such restrictions are
lining up to capitalize on world demand for cheap meds, Bill Heinze reports.
In
line with the introduction
of the patent linkage system in the Pharmaceutical Affairs Act, the amended Patent Act's provision will be added to clarify the basis for patentees
of new
drugs to bring an infringement lawsuit to court during the process
of generic drug marketing approval.
The S&P Healthcare Claims Indices track healthcare cost and utilization trends across various commercial
lines of business by geography (census division, region, state, and metropolitan area), healthcare type (medical, hospital, inpatient, outpatient, professional services,
drug,
generic drug, and brand
drug), as well as by incurred period.