article thumbnail

STAT+: ‘Skinny labels’ on generic medicines saved Medicare $15 billion over a recent six-year period

STAT

A controversial provision of a federal law designed to speed copycat drugs to market and foster competition saved Medicare Part D nearly $15 billion from 2015 to 2021 on just 15 medicines during that period, according to a new analysis.

Labelling 107
article thumbnail

Rebranded Servier eyes €3bn in cancer drug sales by 2030

pharmaphorum

The strategy to build in cancer dates back to 2015, and has since gathered momentum with the purchase of the oncology businesses of Shire and Agios Pharma in 2018 and 2020, for $2.4 billion and $1.8 billion respectively, as well as smaller deals such as its takeover of Danish antibody specialist Symphogen.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Abilify generic availability, cost, and dosage

The Checkup by Singlecare

Yes, there is a generic Abilify available called aripiprazole. Aripiprazole was approved by the FDA in 2015. This is because generic medicines are much less expensive than their brand-name counterparts, even though they work just as well. Aripiprazole is widely available at pharmacies across the U.S.

Dosage 52
article thumbnail

Cerelle vs Cerazette: Are they really the same?

Druggist

Before December 2015, Cerazette was protected by a patent, which gave producers of this pill exclusive rights of supply of desogestrel in the UK and other markets. As with other drugs, once a patent expires, other manufactures start to produce generic or new brands of the same pill (desogestrel). Ann Pharmacother. doi: 10.1345/aph.1M141.

article thumbnail

Pathbreakers: The journey of first generics

Pharmaceutical Technology

Since 2015, the US Food and Drug Administration (FDA) has approved more than 450 “first generics” or the first generic equivalent for a branded drug. These medicines comprise about 10% of all generics approved each year.

FDA 98