November 10, 2008

The situation is like having plans to bake a loaf of bread for dinner, but discovering at 5 p.m. that the flour is running low, and there is little time to go to the supermarket to buy more. Generic drug makers depend on a steady supply of expiring patents coming from large pharmaceutical companies for their business. In recent years, a whole slew of blockbuster drugs have come off patent, allowing generic drug makers to lap up the drug compounds. Over the next several years, however, the supply of expiring patents will begin to run dry. Between this year and 2016, $131 billion worth of drugs will come off patent, followed by a long decline often called the patent cliff. Facing this precipice, generic drug companies will have to adapt as the market becomes increasingly commoditized.

November 10, 2008

A Web site that provides information about Medicare announced a partnership Tuesday with a site...

November 10, 2008

A drug by Novartis may provide blood pressure reductions in patients 65 and older with...

November 10, 2008

A drug company that specializes in products for treating diabetes plans to spend $400 million...

November 10, 2008

A clinical trial has indicated that a new antibiotic developed by Optimer Pharmaceuticals is effective...

November 10, 2008

Take Care Health Systems, which is owned by Walgreens, is celebrating national Nurse Practitioner Week...

November 10, 2008

Take Care Health Systems has announced the opening of three new clinics, bringing the total...

November 10, 2008

Titan Pharmaceuticals has released financial results for third quarter 2008....

November 9, 2008

In less than three months, inhalers for respiratory illnesses that use chlorofluorocarbons as propellants will...

November 9, 2008

Members of the United States military and their families will be able to find information...

November 9, 2008

Discount Drug Mart recently announced its new generic prescription program, which started Oct. 29, that...

November 9, 2008

Focusing on earlier treatment will help address the growing medical and economic burden of Type...

November 9, 2008

Ethex has voluntarily recalled five generic drugs because they may contain oversized tablets, the Food...

November 9, 2008

The Food and Drug Administration has approved Apotex’s dorzolamide hydrochloride and timolol maleate eye drops....

November 9, 2008

The Food and Drug Administration has approved Aurobindo’s application for sertraline hydrochloride oral concentrate, FDA...

November 9, 2008

The Food and Drug Administration has approved Sun Pharmaceutical Industries’ carbidopa and levodopa tablets....

November 9, 2008

A retail pharmacy chain is reminding patients to use their prescription medications properly and get...

November 9, 2008

A professional organization representing black and minority healthcare business executives congratulated Barack Obama on his...

November 9, 2008

One of the largest vaccine makers in the world announced Monday that it would collaborate...

November 9, 2008

Nearly 300 Rite Aid stores will host Diabetes Solutions Days on Nov. 11 and 13,...

November 9, 2008

Results from a study have shown that a cardiovascular drug by AstraZeneca can reduce major...

November 6, 2008

The Food and Drug Administration has approved Apotex’s dorzolamide hydrochloride and timolol maleate eye drops....

November 6, 2008

The Food and Drug Administration has approved Pliva Lachema’s injectable irinotecan hydrochloride, FDA records show....

November 6, 2008

Change is coming. And whether you voted for the self-described candidate of change or not,...