Reports
US will continue to buy Indian generics despite quality concerns
According to a recent report by India’s most respected rating agency the high number of import alerts issued by the US Food and Drug Administration (FDA) in 2013 will have no impact on the existing US exports revenue of Indian pharmaceutical manufacturers.
The global biologicals market
Global spending on medicines is expected to reach the US$1 trillion threshold in 2014 and rise to US$1.2 trillion by 2017.
Patients’ perception of generics in the Philippines
A survey of patients in the Philippines showed that less than half were offered a generic drug alternative and even fewer asked for a generic drug alternative. The survey also revealed that patients preferred brand-name medicines over generics [1].
Physicians’ views on generics in the Philippines
A survey of physicians in the Philippines has revealed that five out of six drugs are prescribed using generic names, with physicians in the public sector prescribing generics significantly more often than those in the private sector [1].
Cost-cutting in Europe may affect generics sustainability
According to a presentation by Mr Victor Lino Mendonça, the continued focus on short-term cost containment measures may lead to an unsustainable market environment for generics and biosimilars in the European Union (EU). Mr Mendonça gave his presentation at the International Generic Pharmaceutical Alliance (IGPA)’s 16th Annual Conference, which was held in Brussels, Belgium, 9–11 December 2013 [1].
The generics market in China
Market access barriers remain the main challenge for generics in China, according to a presentation by Xianghong Shao given at the International Generic Pharmaceutical Alliance (IGPA)’s 16th Annual Conference, which was held in Brussels, Belgium, 9–11 December 2013 [1].
European doctors have insufficient knowledge of biosimilars
The Alliance for Safe Biologic Medicines (ASBM), which represents patients and physicians, as well as originator biological and biosimilar medicines companies in the US, published results of a survey on 18 March 2014, which showed that physicians in Europe have insufficient knowledge of biosimilars [1].
Diabetes and high blood pressure generics in Europe
Generics contribute value to the European Union (EU), according to a presentation by Mr Victor Lino Mendonça given at the International Generic Pharmaceutical Alliance (IGPA)’s 16th Annual Conference, which was held in Brussels, Belgium, 9–11 December 2013 [1].
The Brazilian generics market
Generics are an effective tool to provide affordable, safe and reliable medicines to patients in Brazil, according to a presentation by Telma Salles [1].
The generics market in Taiwan
Taiwan is a growing market for pharmaceuticals and the generics market is becoming more competitive in terms of price and quality, according to a presentation by Yi-Yun Wang [1].
