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Generic Drugs Information: Committed to Your
Total Health Care
We all have heard of generic drugs but not sure whether one should take
them or not. Generic drugs are biologically equivalent to brand name drugs
with almost all it's properties in similar compositions, but is normally
sold at a comparatively lower price. Generic drugs contain the same active
ingredient at the same strength as the original brand. Generic Drugs are
characterized by the absence of the well known Brand Drugs, manufactured
by few pharmaceutical companies who market those drugs with the name,
chosen by the company, which first develops the drug.
| Latest Pharmacy News |
Weight loss pill could mess up mind, banned
Date: 30 Dec. 2008
Mumbai, December 30: The Food and Drug Administration (FDA) has banned the use of weight-loss pill `rimonabant' after research showed that the drug caused serious psychiatric side-effects, including suicidal tendencies among users. About 12 generic companies in India manufacture the anti-obesity drug, which had a tiny, Rs 13-crore market. Read More»
Pharmacies Fight Tough Battle on Generic Prices
Date:
22 Dec. 2008
Retail pharmacies are waging what some consider a generic-drug price war that is threatening margins in a typically high-profit area and reflects the intense competition that drug-store chains face in attracting and keeping customers. Read More»
Drugmakers Could Lose Their Greatest Weapon
Date: 11 Dec. 2008
Pharmaceutical companies are so worried about losing their biggest weapon to increase sales -- direct-to-consumer (DTC) advertisements -- that the industry trade group made a preemptive strike yesterday. Read More»
Lilly to post 2008 loss on ImClone costs
Date: 11 Dec. 2008
NEW YORK (AP) - Eli Lilly & Co. said Thursday hefty costs related to its $6.5 billion acquisition of ImClone will force the drugmaker to post a loss for 2008 and significantly lower earnings for 2009. Read More»
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