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The Latest Breaking News from Generic Drugs

Gen Z’s expensive drug habit: Younger patients want brand-name meds that are 79% more expensive

Most Americans would prefer brand-name drugs—but end up buying generic versions because of the cost, new consumer research suggests.

Fortune

Generic drugs in the US are too cheap to be sustainable, experts say

Non-brand-name drugs are one inexpensive part of the healthcare system but they’re driving some manufacturers out of business

The Guardian - US

How rock-bottom prices drive shortages of generic drugs used in hospitals

Hospitals rely on scores of generic drugs given by injection. But these workhorses are often in short supply. Cheap prices have led to factory closures that leave the supply chain vulnerable.

WEKU

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Generic drugs to treat four rare diseases launched

Union Health Ministry provides generic drugs to treat 4 rare diseases, slashing costs by 60-100 times. In process of making drugs for more rare diseases available in coming months. Sickle cell drug formulation for children also made available. 8.4-10 cr cases of rare diseases in India, 80% genetic. Health Ministry…

The Hindu

Health Ministry withdraws fiat mandating doctors prescribe only generic drugs

NMC suspends proposed regulations on prescribing generic drugs, ending stand-off between it and IMA. Health Ministry buys time for both parties, allowing doctors to prescribe drugs with generic names, but no penal provisions. IMA fears poor quality of generic drugs, while NMC says they are cheaper and can reduce health…

The Hindu

Can’t be forced to do the work of chemists or prescribe poor quality drugs to patients: IMA

Indian Medical Association (IMA) demands government intervene to stop forcing doctors to prescribe generic drugs, citing quality concerns. It suggests ordering pharma companies to manufacture drugs without brand names. It questions why branded drugs should be licensed if doctors can't prescribe them.

The Hindu

Prescribe generic drugs or get penalised, new NMC regulation warns doctors

The National Medical Commission (NMC) in its 'Regulations relating to Professional Conduct of Registered Medical Practitioners" also asked doctors to avoid prescribing branded generic drugs. Read further on Dynamite News:

Dynamite News

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Blame capitalism? Why hundreds of decades-old yet vital drugs are nearly impossible to find

Past public ire over high drug prices has recently taken a back seat to a more insidious problem – no drugs at any price.

The Conversation

Generic drugs for diabetes, gastric issues, cardiovascular ailments see high demand

The Jan Aushadhi Kendras selling generic drugs at affordable prices have seen their sales rise more than 170 times over the last nine years, but the government has no intention of making them available online in the near future.

The Hindu

Some cancer drugs are in short supply, putting patients' care at risk. Here's why

The recent, abrupt shortage of critical cancer drugs is forcing doctors to ration essential medications. It highlights a broken business model in generic drugs.

WEKU

Spare the rod and change the law

Given the issues related to quality, it is not appropriate for the DGHS to force doctors to prescribe generic drugs

The Hindu

Supreme Court revives claims that SuperValu, Safeway overcharged governments for generic drugs

The Supreme Court has unanimously revived whistleblower lawsuits claiming that supermarket and pharmacy chains SuperValu and Safeway overcharged government health-care programs for prescription drugs by hundreds of millions of dollars

The Independent UK

Special staff at Karunya pharmacies to sell generic drugs

Thiruvananthapuram

The Hindu

Mark Cuban’s pharmacy could have saved Medicare $3.6 billion, researchers find

Medicare could have saved $3.6 billion in a single year if it had bought generic drugs from Mark Cuban’s online pharmacy, according to a Harvard University report.

Tribune News Service

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Tribune News Service

‘Please pay attention’: Scientist flagged heart-pill toxins early on

A scientist at a China-based company that makes crucial ingredients for generic drugs warned a year before the start of a global recall that some blood-pressure pills could become tainted with potentially cancer-causing chemicals, according to court documents.

Investors Business Daily

Could Teva Join J&J, McKesson And Others In Settling Opioid Claims?

Teva Pharmaceutical could wrap up most of its opioid claims this year, an analyst said Tuesday as Teva stock climbed higher.

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