Pfizer and Lilly lost big name-brand drugs to generic competitors a little over a year ago.
The magazine's analysis also found that, in general, patients report side effects at a similar rate for brand-name drugs as for generic versions.
At stake is a decision that could influence the cost of medicines for most Americans because the ruling is expected to determine the pace at which lower-cost generic drugs become available.
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While cardiologists believe massive LDL-lowering is worth it, existing drugs do the job well enough--and cheap generic versions of Zocor and Pravachol, from Bristol-Myers Squibb, are on the way.
While cardiologists believe massive LDL-lowering is worth it, existing drugs do the job well enough--and cheap generic versions of Zocor and Pravachol, from Bristol-Myers Squibb (nyse: BMY - news - people ), are on the way.
Post spin off, Abbott Labs is now left with generic drugs as research-based proprietary drugs like Humira have been retained by AbbVie.
The London-based giant announced that it had lost a Chicago court case that could expose antidepressant Paxil, one of Glaxo's best-selling drugs, to a generic competitor.
Pharmaceutical companies, already humbled by the fines for the vitamin cartel, became the target of yet another investigation in Britain, earlier this month, into the alleged price-fixing of generic drugs.
The ruling is sure to strike fear in the hearts of big pharma executives worldwide who are fighting to prolong the patents on their drugs--and their revenue--in the face of increasing generic competition.
Most of the growth coming next year will come from the sale of generic drugs in so-called emerging markets, places like China and India where consumers are beginning to be able to demand and afford better health care.
But some of this political thinking is inertia, because for decades, on issues like the roll-out of generic drugs, the regulatory climate, and strong protections for intellectual property, drug companies were clearly better off with the pro-business Republican party.
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There have been sporadic instances of resistance to oseltamivir -- the generic name for Tamiflu, one of the main drugs used against influenza -- but such cases are still "isolated and infrequent, " he said.
Amidst the turmoil afflicting drug firms--last week Merck cut earnings forecasts for 2009 to well below analyst forecasts--biotech copycats are appealing because they will be far more expensive than traditional generic drugs but will still be cheaper to develop than brand-new drugs.
Soon-Shiong, a surgeon who made his initial riches selling generic drugs to hospitals, has always insisted that the drug was more than just side-effect-sparing.
Generic drugs are cheaper than brand-name pharmaceuticals, and so are their stocks.
But some plans require patients to take less-expensive generic versions of cholesterol drugs except in special circumstances, and many states require pharmacies to fill prescriptions with lower-priced generics.
Moroney believes Pfizer's drug pipeline--which includes drugs for asthma, smoking cessation, cancer and osteoporosis--should offset stiff competition from generic-drug makers in aging product lines.
There were concerns that, if granted, a patent could threaten access to cheap generic versions of life-saving drugs in poorer countries.
And they might be more lucrative than generic versions of small-molecule drugs, if the complexity of developing these larger molecules limits competition.
There are no FDA-approved generic versions of these two drugs.
But Pfizer , the drug's maker, is facing renewed competition from biotechs like Amgen that were hardly on the map a decade ago-- and renewed threats from cheap generic drugs.
But if there are ways to bring greater competition to our drug markets by safe re-importation of drugs, by faster introduction of generic drugs, or by any other means we should do so.
According to Stephen Rosenfeld, a lawyer with the Prescription Access Litigation Project, which has launched a class-action suit against AstraZeneca and Barr Laboratories over Tamoxifen, an anti-cancer drug, delays to generic drugs mean that 42m Americans who lack health insurance pay a high price, and may not get essential medicines at all.
Some supermarkets and big box stores like Wal-Mart and Target are practically giving generic drugs away as a loss to attract customers.
Teva the largest generic pharmaceutical company in the world, marketing about 400 generic medications and 50 brand-name drugs, with approximately 180 new generics awaiting FDA approval.
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That generic versions of high-tech protein drugs such as human growth hormone, insulin, or Amgen 's Epogen are likely to reach the market with any great speed.
In cholesterol-lowering drugs, one of the biggest categories, generic versions of Lipitor, Zocor, and Pravachol, once sold by Pfizer, Merck, and Bristol-Myers Squibb, now account for 64% of all cholesterol drug sales.
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That generic versions of high-tech protein drugs such as human growth hormone, insulin, or Amgen 's (nasdaq: AMGN - news - people ) Epogen are likely to reach the market with any great speed.
Then it went on to argue that, under a law that said the labels on generic drugs must match those on their brand-name counterparts, Ivax shouldn't receive approval because it hadn't replicated any of the studies of the drug in children.
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