DUBLIN, Feb. 29, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/czgmmg/us_generic_drug) has announced the addition of the "US Generic Drug Market Opportunity Outlook 2020" report to their offering.
Generic drugs are being actively accepted by various stake holders of US pharmaceutical industry due to higher cost arbitrage without compromising in quality. They do not have to go through legal issues due to which number of generic firms is increasing. Manufacturing process is already standardized due to which lesser input in terms of technological development is required. Physicians also have familiarity with these drugs making them easy to try generic versions of branded drugs.
It helps both patients and government in long-term to achieve higher cost arbitrage. Several regulations have been made in past years which makes it easy for generic firms to enter in competition. With time, improvement has been made in existing infrastructure making it possible to achieve higher growth in US market.
Generic drugs have emerged as an important part of US pharmaceutical industry due to which it has become imperative to develop this industry. However, some critics have raised concerns over increasing commercialization of generic medicines. Developers of new drugs are investing a lot in research and development segment and presence of generic will compete with their product in same category leading to loss of market shares.
This scenario will lead to aversion among pharmaceutical developers leading to lesser innovation and introduction of costly drugs. Balance between rights of developers and profits has to achieve by regulators in coming years. FDA is patient centric organization and it would not expose patients to undue risk for cost saving purposes. Their regulations have been changed with time in order to make them more amenable for both patients and drug developers.
"US Generic Drug Market Opportunity Outlook 2020" Report Highlight:
- Introduction to US Generic Drugs Market
- Hatch-Waxman Act & Its Implication
- FDA Review on Generic Drugs
- Supportive Features of US Generic Drug Laws
- Effect of Generic Drug Import on US Economy
- Methods to Achieve Higher Cost Arbitrage by Generic Drugs
- Role of Online Pharmacies in Expansion of US Generic Drugs Market
- US Generic Drugs Market Future Prospects
Key Topics Covered:
1. Introduction to US Generic Drugs Market
2. Hatch-Waxman Act & Its Implication
3. FDA Review on Generic Drugs
4. US Generic Drugs Market Overview
5. Supportive Features of US Generic Drug Laws
6. Patient Protection & Affordable Care Act (PPACA)
7. Advancements in US Generic Drugs Market
8. Business Strategies of Branded & Generic Drug Manufacturers in US
9. Methods to Achieve Higher Cost Arbitrage by Generic Drugs
10. Market Scenario of Branded & Generic Drugs in US
11. Effect of Generic Drug Import on US Economy
12. Role of Online Pharmacies in Expansion of US Generic Drugs Market
13. US Generic Drugs Market Dynamics
14. US Generic Drugs Market Commercialization Challenges
15. US Disease Profiling
16. US Generic Drugs Market Future Prospects
17. Competitive Landscape
- Accord Healthcare - Alvogen - Amneal Pharmaceuticals - ANI Pharmaceuticals - Apotex - Aurobindo Pharma - Baxter Healthcare Corporation - Dr. Reddy's Laboratories - Fresenius Kabi - G & W Laboratories - Glenmark Generics - lmpax Laboratories - Lupin Pharmaceuticals - Mallinckrodt Pharmaceuticals - Momenta Pharmaceuticals - Mylan - Par Pharmaceutical - Perrigo Company - Sagent Pharmaceuticals - Sandoz - Sun Pharmaceutical Industries - Teva Pharmaceuticals - Therapeutic Proteins International - West- Ward Pharmaceuticals - Wockhardt - Zydus Pharmaceuticals
For more information visit http://www.researchandmarkets.com/research/czgmmg/us_generic_drug
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