December 7, 2015

Since 2005 generics have saved patients $1.68 trillion, a report released by the Generic Pharmaceutical Association showed.

December 4, 2015

GPhA recommended wider use of generics among low-income Medicare beneficiaries, which it estimates could save $17.7 billion over the course of 10 years.

December 4, 2015

In the letter NACDS sent to all U.S. Senators earlier this week, the association cited the differences in active ingredients in drugs from other countries, as well as different shapes, sizes and colors, which can cause confusion for patients and healthcare professionals.

December 3, 2015

Attendance at the event, presented by Drug Store News, reached record levels, with 40 retailers and more than 240 supplier participants. 

December 3, 2015

Montelukast sodium — a generic version of Singulair — is meant to treat allergies and prevent asthma attacks. 

December 3, 2015

The drug, which is indicated to treat osteoporosis, will be available in 5-, 30- and 35-mg dosage strengths. 

December 2, 2015

The Harris Poll of more than 2,000 people found that many prefer to pick up their prescriptions at chain drug stores and their OTC products at discounters. 

December 1, 2015

Cozaar, sold by Merck, is indicated to treat high blood pressure. 

December 1, 2015

Imprimis will offer a compounded oral combination of pyrimethamine and leucovorin for $1 per capsule for patients whose benefits are managed by Express Scripts. 

December 1, 2015

GPhA’s SVP sciences and regulatory affairs noted that GPhA and other industry associations have urged the FDA to avoid ambiguity in quality metrics and consider additional moves that would ensure that proposed changes won’t disrupt supply.

December 1, 2015

Publix expanded its free offerings to include 90-day prescriptions of three commonly prescribed medicines. 

December 1, 2015

Walgreens has begun its same-day service powered by Deliv with 67 stores in the Dallas area.

November 30, 2015

The combined company’s revenue for the 12 months ended June 30 exceeded $800 million. 

November 30, 2015

For every immunization, including flu shots, administered at a Walgreens pharmacy, the value of two life-saving vaccines will be donated to a child in a developing country.

November 25, 2015

Aurobindo’s sildenafil tablets are a generic version of Pfizer’s Revatio, which treats pulmonary arterial hypertension. 

November 25, 2015

The drug, according to IMS Health data for the 12 months eneding Sept. 2015, had combined brand and generic sales of $457 million. 

November 24, 2015

The Medicare savings that the American College of Physicans says could be saved by focusing on generics is estimated to total $1.4 billion. 

November 24, 2015

Mylan has introduced its generic of Jazz Pharmaceuticals’ schizophrenia treatment. 

November 24, 2015

Following Monday’s announcement that Pfizer would be merging with Ireland-based company Allergan, some analysts are predicting that Pfizer would split the combined company following the $160 billion deal, Reuters reported. According to the report, the split would likely divide the company’s established products (i.e., generics) unit and its innovative medicines unit, composed of drugs that are still patent-protected. (Reuters)

November 23, 2015

Greenstone received final approval from the Food and Drug Administration for its generic Zyvox. 

November 23, 2015

Perrigo is buying a Crohn’s disease treatment from AstraZeneca. 

November 20, 2015

Alchemia’s shareholders approved the sale of Fondaparinux at the company’s annual general meeting held on Nov. 10.

November 20, 2015

Specialty medications represent only 1% of all prescriptions but, in 2014, these medications resulted in over 31% of all drug spending.

November 20, 2015

With the U.S. Treasury announcing plans to crack down on tax-inversion deals on Thursday, pharmaceutical giants Pfizer and Allergen have accelerated their merger talks, according to reports. The potential $150 billion deal could see Pfizer redomicile in Ireland. (Reuters)