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In a bid to acquire a foothold in low-cost generics, the Japanese firm paid 737 rupees a share last June, forking out a premium of 31% to the company's stock price at the time. (See Daiichi Sankyo Decides Generics Are Healthy Biz).
FORBES: Business Billionaires
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In June, Express Scripts, one of the biggest managers of pharmacy benefits in the U.S., told its clients that Celebrex and Vioxx provide only a narrow benefit over ibuprofen (the branded version is Advil) and naproxen (Aleve), which, as generics, are vastly cheaper (see box).
FORBES: Magazine Article
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For the generics, the motivation to get Cipro is easy to see.
FORBES: Should Bayer Cut Prices To Protect A Patent?
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The losers, then, might be the other side of that see-saw, the companies that have invested most heavily in the generics: Novartis, Teva Pharmaceutical Industries, and Ranbaxy Laboratories.
FORBES: Supreme Court Helps Big Pharma Stay Fat And Happy In Sorrell Ruling
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Such machinations may suit brand-owners and generics makers whose old enmity is fading in other ways too (see article).
ECONOMIST: Generic drugs and competition