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Tag Archives: Generic Drugs

Missed Opportunities for Big Savings from Generic Drugs in Europe

Shifting patients from branded to less expensive generic medicines is an important way to contain health care costs. Yet the prices and prescription rates of generics vary widely across Europe, resulting in missed opportunities for cash-strapped health systems and patients. These are the findings of a study by researchers from the London …

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Some of the World’s Highest Quality Drugs Are Produced in India

India Generics

The Ministry of Health and Georgian government announced introduction of Generic drugs in Georgia. On the issue of expanding and encouraging Generic drug import in Georgia’s pharmaceutical market, expert in health research and finances Lela Sebriakova made some comments. “One of the most vital method of decreasing prices of drugs on …

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Evaluating Generics: What Outcomes Will Expanding this Sector Bring

Generics

President of Human and Prisoner Rights protection Giorgi Lagidze evaluated increasing prices on Georgia’s pharmaceutical market. When we talk about drugs, first of all we need to mention drastically increased prices on Georgian pharmaceutical market. Especially in the terms of currency devaluation. In spite of the fact that currently Georgian currency …

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India Produced Drugs Have High Quality If it is Properly Manufactured

Generic Drugs

The head of international center for endosurgery  Otar Janelidze responded to introduction and import of Generic drugs on Georgian pharmaceutical market. It is important to implement import of high quality drugs on Georgia’s pharmaceutical market, no matter it is a brand or generic drug, it needs to be reliable and …

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Understanding Generic Drugs: Experts Don’t See any Danger

Generic Drugs

A generic drug is identical–or bioequivalent–to a brand name drug in dosage form, safety, strength, route of administration, quality, performance characteristics and intended use. The vast majority of prescription drugs sold in the U.S. – 86 percent –are generic and the recalls keep coming. As for the Georgia, 70 percent …

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Generics Function the Same Way as Brand Drugs Do

Generic Drugs

Recently the Ministry of Health announced its intentions to introduce generic drugs on the Georgian market. According to the Ministry, this step will regulate the existing prices of drugs in the country. In pharmacology, the original brand drug is an innovative synthesized formula, the creation of which requires at least 10-12 years …

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