Food and drug administration fda ii professional

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Food and Drug Administration ("FDA"), (ii) Professional technology (iii) Development for complex production processes as well as the difficulty of obtaining original materials. All these factors raise the barriers to entry of products. As a result, generic drugs are complex, difficult to synthesize and produce. But big pharmacies that provide high-quality products in this market can generally maintain competitive pricing, profit margin and longer product lifecycle. Also, customers are very interested in manufacturers who can continuously provide high-quality products, maintain high-level customer service and consistently offer new products. That's actually what big pharmacies are doing. Governments Support of Pharmaceutical Enterprises in Developing Generic Drugs Local governments have adopted various forms of compensation: First, cash subsidy. Most of the subsidies are given at city and state levels. Second, sales
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subsidies are set according to the size of sales after consistency evaluation. Third, organizations that undertake bioequivalence testing of drugs in the city are given appropriate subsidies according to each batch of documents after evaluation. Besides the U.S., China faces the same situation and significant opportunities. Under the circumstances of the low sales price, deep research and development cost, strong accessibility, the formation of generic pharmaceutical manufacturers and the expiration of international original research drugs, and large development space of generic drugs at home and abroad, generic drugs in China are at the best time for development. Conclusion Generic medications posses’ similar ingredients as the brand name drugs. They also have identical side effects and risks, but generic medicines are relatively cheaper than their substitute drugs. Therefore, we believe that big pharma should not be permitted to discourage access to generic drugs.
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References Baltazar, A. (2018, October 09). How the Hatch-Waxman Act Changed the Playing Field for Generic Drugs. Retrieved October 29, 2018, from - pharma-industry-2663817 Center for Drug Evaluation and Research. (2018, June 04). Generic Drugs - Generic Drug Facts. Retrieved November 18, 2018, from y/genericdrugs/ucm167991.htm EvaluatePharma. (2018, August 15). Retrieved November 12, 2018, from Klnger, E. (2018, November 20). Retrieved from Association For Accessible Medicine Web site: accessiblemeds.org Sheppard, A. (2016, September 08). An Analysis Of The Global Generics Market - Trends & Opportunities. Retrieved October 30, 2018, from - market-trends-opportunities-0001 Vivian, J. C. (2008, June 19). Generic-Substitution Laws. Retrieved November 20, 2018, from U.S. Food And Drug Administration. (2018, June 5). Retrieved from U.S Food And Drug Administration Web site:
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  • Spring '13
  • Astone
  • Generic drug, Food and Drug Administration, Generic drugs, Drug Price Competition and Patent Term Restoration Act, Abbreviated New Drug Application

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