Sentences with phrase «of generic drugs about»

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.

Not exact matches

Nothing about the drug has changed in that time, and the fact that it's generic flies in the face of the argument that lack of generic competition is the reason for drastic price hikes.

Lawmakers and regulators (and presidential hopefuls) have been ramping up their scrutiny of drug pricing practices amid several flagrant instances of alleged price gouging (see Turing Pharmaceuticalsand Valeant), and consumer advocates are becoming more vocal about the price of even generic pharmaceuticals.

FILE PHOTO: A building belonging to generic drug producer Teva, Israel's largest company with a market value of about $ 57 billion, is seen in Jerusalem March 23, 2010.

While most of the attention on pharmaceutical prices has been on new drugs for diseases like cancer, hepatitis C and high cholesterol, there is also growing concern about huge price increases on older drugs, some of them generic, that have long been mainstays of treatment.

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.

In fact, a 2009 FDA study showed that of 2,070 orally administered generic drug products approved by the agency between 1996 to 2007, generics differ in bioequivalency from brand names, on average, by about 3.5 percent; less than two percent varied by more than 10 percent.

Meanwhile, on the regulatory front, Dr. Scott Gottlieb, the new commissioner of the Food and Drug Administration, has spoken extensively about creating provisions to speed generic drugs to the market.

Patients can now feel safe about substituting generics (of their antiepileptic drug) without concerns of interactions or undesired effects.»

For example, ninety 10 - mg tablets of generic simvastatin, a drug used to lower cholesterol, sell for around $ 90, while the same amount of Zocor, the brand - name version, costs about $ 400.

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Generic versions of one of our drugs are about to become available, which will hurt our profits.

At issue is whether the Supreme Court should reinforce its 2011 ruling that protected generic drug manufacturers from state products liability claims accusing them of not warning about possibly dangerous side effects.

Pfizer sells about 600 generic medicines, including at least 40 that it made a deal for this week that it will sell in the United States; and Teva now reportedly gets about 30 % of its revenue from branded drugs.

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