Sentences with phrase «of generic drugs»

They re less expensive because the manufacturers of generic drugs, unlike brand - name makers, do not have to invest money in research, development, and marketing.

The decline was due to increased use of generic drugs as some popular brand - name drugs lost patent protection, increases in cost - sharing requirements, and lower spending on new medicines.

Some good examples are: a class action lawsuit against tobacco companies, bans on drilling for oil and gas companies, or the creation of generic drugs for pharmaceutical companies.

Many courts are eyeing this case because federal law has essentially left users of generic drugs without much remedy when the drug they use proves defective.

The company also has a competitive line of generic drugs.

Created in 1993, the act concerns the manufacture of generic drugs.

Amazon has held preliminary talks with makers of generic drugs about its potential entry into the pharmacy space, according to people familiar with the discussions.

Kocher speculates that Amazon could reduce costs by accepting lower margins than pharmacy benefits managers — intermediaries that now make huge profits through sales of generic drugs in particular.

• Mallinckrodt (NYSE: MNK) is exploring a sale of its generic drug unit in a deal that could fetch as much as $ 2 billion, according to Reuters.

Walgreens had forecast that the prices of generic drugs would fall — only to realize that in fact they were rising.

The chairman of Apotex, the largest producer of generic drugs in Canada, came under fire recently for helping to organize a $ 500 - per - ticket pay - for - access fundraiser for the party.

The retail juggernaut has held preliminary talks with makers of generic drugs about its potential entry into the pharmacy space, according to people familiar with the discussions.

(Reuters)- Mallinckrodt Plc (MNK.N) is exploring a sale of its generic drug unit, in a deal that could fetch as much as $ 2 billion and help pivot the specialty pharmaceutical maker toward higher - margin branded drugs, according to people familiar with the matter.

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.

EpiPens deliver a potentially lifesaving dose of the generic drug epinephrine via an automatic injector.

Zytiga's future is murkier than the other two drugs because Zytiga's patent protection is expiring later this year and that may lead to the launch of generic drugs that begin to chip away at its market share.

Xanax is a brand name of the generic drug alprazolam, which is a benzodiazepine.

«I am calling upon him to take those donations out of his $ 27 million campaign coffer and donate them to a worthy institution that treats children with life - threatening allergies who can't afford EpiPens or with pediatric cancers like leukemia and Hodgkin's who are suffering because of generic drug shortages that he causes,» Long said in a statement.

But GPs must concentrate more on following official guidelines, increasing the prescribing of generic drugs where clinically appropriate,» committee chairman Edward Leigh said.

Since 2007, drug shortages in the United States have been growing in number, driven by the consolidation of generic drug makers, a tendency by hospitals and wholesalers to order medicines on demand rather than stockpile supplies, and a spate of manufacturing problems ranging from mould contamination to the presence of glass particles in injected drugs.

This may be because of more intense therapy for chronic illness, improved access to medications due to Medicare Part D, and the growth of the generic drug market.

Many large retailers, such as Target, Walmart, and Kmart, offer hundreds of types of generic drugs at substantial discounts.

CVS has also engaged in a joint venture with drug distributor Cardinal Health Inc. to combine their purchases of generic drugs to extract a larger discount from manufacturers, which is generating higher margins.

We're the United States» oldest wholesale distributor of veterinary supplies, including a wide range of generic drugs, equipment and food.

That collection belonged to Marvin Schein, a manufacturer and distributor of generic drugs and medical products from Long Island who had spent years quietly buying paintings, porcelains and French furniture, many of them at auction.

In addition to expanding the «grace period» from six to 12 months, and introducing the «patent term adjustment» mechanism to compensate for the patent office's delay in patent examination, the proposed amendment also provides the «patent linkage system» — according to such, the owner of the new drug patent may file patent infringement litigation during the examination course of the generic drug application.

Currently represents a U.S. company in the Department of Justice's criminal investigation of price fixing of generic drugs

Indian generic drugmakers currently produce nearly 40 percent of generic drugs and over-the-counter products and 10 percent of finished dosages used in the United States.

They recently represented Allergan on the local aspects of the USD40 billion sale of its generic drug division to Teva and are frequently instructed by major multinationals such as Mars Caribbean & Central America, UBS and Toyota.

Mr. Simon also recently represented a generic brand drug company in an individual case alleging that the brand name manufacturer had filed false citizens petitions to delay the entry of the generic drug unto the market.

U.S. Food and Drug Administration (FDA) Commissioner, Dr. Scott Gottlieb, has made generic drugs and drug pricing an agency priority by emphasizing the critical value of generic drugs to public health.

In 2017, 1027 total generic drugs were approved, which was the highest number of generic drugs approved in a single year.

Continue Reading FDA's Office of Generic Drugs: 2017 Annual Report Highlights

From about 13 % (of all prescriptions) in 1984, use of generic drugs grew to 50 % by the late 1990s and currently constitute well over 80 % of all prescriptions in the US.

Besides checking the cost of the generic drugs, which I usually get, I kind of glossed over this section.

Because this is a national health service, the government is now strongly supporting the generics market — during 2011, the share of generic drugs increased by over 40 % and the market is expected to reach over $ 60 billion by 2017.

Key Highlights: • Sold over $ 1M worth of generic drugs.

A medical Doctor from Russia's Saint Petersburg State Medical University in 1998 led to eight plus years of extensive clinical research for the FDA, managing development of generic drug trials across North America; he was appointed Senior Project Leader of a Canada - wide Interventional Cardiology trial in Toronto.

A spokesman on Monday said that its Kabi subsidiary, a maker of generic drugs for injection and infusion, would expand its existing business to reach that goal.

Whether or not it was envisioned at the time, the use of generic drugs in the US has seen a tremendous increase since the enactment of the Act.

The chairman of Apotex, the largest producer of generic drugs in Canada, was embroiled in an 11 - month political and media firestorm after Health Canada banned imports from Apotex's two factories in India.

New California Appellate Decision Makes Brand Name Drug Manufacturers Potentially Liable for Injuries Suffered by Consumers of Generic Drugs

[3] The sale and pricing of generic drugs is provincially regulated.

The big manufacturer of generic drugs — including a non-branded version of Lipitor — has landed in trouble again, and once again it is promising to clean up its act.

• Pioneered sales by selling over $ 100,000 of generic drugs in a month.