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5 mins read

Generic drugs work as well as brand-name drugs - here's why they're cheaper

Generic drugs are the same as brand name drugs in terms of ingredients, safety, and effectiveness. …

Sanjana Gupta,Jason McKnight   


Business Insider Latest Story Image
3 mins read

Hospital groups and the VA are trying to upend the generic drug business

Those shortages include everything from bags of saline solution to common antibiotics. It's somethi…

Lydia Ramsey   


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4 mins read

Here's Why You Should Always Buy Generic Drugs

Such variation is usually inconsequential, with one exception: a small class of drugs with what's c…

Lauren F Friedman   


Business Insider Latest Story Image
3 mins read

Generic drugs are America's solution to high branded drug prices. But recent events suggest the market's not working

The other side: "For the most part, there's so much competition that the sustainability of the indu…

Caitlin Owens, Axios   


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3 mins read

A frightening new book on the safety of generic drugs could send India’s pharma industry into an even deeper pit

Drug makers in India have relied on Americans to buy a big chunk their produce for a long time now…

Business Insider Latest Story Image
1 min read

India's pharma exports rise 10% to $27.9 bn in FY24

In 2022-23, the exports stood at USD 25.4 billion. The top five export markets, for the sect…

PTI   


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1 min read

Woman Who Endured 'Hell On Earth' After Taking A Generic Drug Is Heading To The Supreme Court

Bartlett sued Mutual, which claimed it wasn't liable for her injuries because, as the generic drug …

Erin Fuchs   


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2 mins read

Generic drugs are competing against one another to get cheaper - but it's having an unintended consequence on the health of Americans

Generic drug price competition in the market is associated with higher number of product recalls du…

Charlotte Hu   


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4 mins read

Bernie Sanders slams 'polite f-u' letters sent by generic drug companies as 'clearly illegal' and calls for an investigation

The Justice Department brought charges against two generic drug executives in late 2016, alleging t…

Emma Court   


Business Insider Latest Story Image
2 mins read

The FDA just approved a 'complex generic drug' and it's sending one stock soaring and another crashing

"Mylan has invested tens of millions of dollars over many years to bring this important medicine to…

Lydia Ramsey   


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4 mins read

A group of hospitals just picked a CEO to run their nonprofit generic drug company - and he's not getting paid to do it

Civica said Thursday that it's named Martin VanTrieste as its CEO. VanTrieste is the former chief q…

Lydia Ramsey   


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3 mins read

USFDA has set a new record in generic drug approvals this year-- but Indian drug makers have a lot to gain and little to lose

The American drug regulator approved 953 new generic drugs between October 2018 and June 2019. T…

Business Insider Latest Story Image
2 mins read

The US government could save taxpayers $3.6 billion if it used Mark Cuban's low-cost online pharmacy for generic drugs, study says

Under current law, the federal government is prohibited from purchasing drugs directly for Medicare…

Dominick Reuter   


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2 mins read

Proposed cap on trade margins will not hurt pharma cos: Fitch

New Delhi, Dec 4 () India's proposal to cap the trade margins available to drug distributors will n…

PTI   


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2 mins read

The FDA just made a move that could prevent the next drug price gouger

Before now, it wasn't too clear which drugs had generic alternatives and which didn't. That left ro…

Lydia Ramsey   


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4 mins read

We're running out of prescription drugs - and the consequences could be 'disastrous'

US generic companies have had a harder time turning a profit on generic drugs while competing with …

Lydia Ramsey   


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1 min read

Lupin Gets FDA Nod For Generic Drug To Treat Osteoarthritis And Rheumatoid Artritis

The FDA has also granted tentative approvals to Lupin for its Celecoxib capsules 100 mg, 200 mg and…

Business Insider Latest Story Image
3 mins read

10 years ago, Mylan's CEO slammed the very thing her company just did

"For brand companies, authorized generics are a long-term strategy designed to debilitate our indus…

Lydia Ramsey   


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2 mins read

The U.S. just accused a drugmaker of paying companies not to compete and its shares are tanking

In an e-mailed statement, Endo said its deals are legal. "Endo believes that both settlements we…

Lydia Ramsey   


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2 mins read

The US military is so worried about generic pills that it reportedly wants to do its own testing to make sure they're safe

The Department of Defense is talking with Valisure, a company that independently checks medications…

Lydia Ramsey Pflanzer,Zachary…