Generic companies often challenge brand-namedrug patents before the board.
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Generics are pharmaceuticals that are equivalent to a brand-namedrug.
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There's a lot that can be made putting brand-namedrug ads in front of known allergy sufferers.
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At issue was a 2003 law with a loophole used by brand-namedrug makers to keep generic competitors off the market.
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Generic drug companies often seek to challenge brand-namedrug patents through administrative proceedings, which are cheaper and faster than federal court litigation.
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When a doctor prescribes a brand-namedrug, state laws allow pharmacists to automatically substitute the cheaper generic version in filling the prescription.
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In return, they agreed to keep their own versions of AndroGel off the market and to help manufacture and promote the brand-namedrug.
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To avoid the costs of litigation, many brand-namedrug companies choose to pay off generic rivals to preserve their patents and keep monopoly profits flowing.
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But the volume of drugs delivered by mail fell 2.3 percent to 25.5 million, reflecting a decline in brand-namedrug volume.
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Generic drugs are typically cheaper for consumers to buy than brand-namedrugs.
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It also delays the fee on drugmakers for brand-namedrugs and the insurance industry.
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Expensive patented brand-namedrugs are a key part of the problem, but not the entire story.
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The cheapest tier would include generic drugs without co-payments and the most expensive tier would have specialty or brand-namedrugs.
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For Allergan, the transaction will help focus its business on brand-namedrugs and provide a massive war chest for future acquisitions.
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For Allergan, the transaction will focus its business on innovative, brand-namedrugs and provide a massive cash pile for future acquisitions.
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We often hear about how much cheaper brand-namedrugs are in Canada than in the United States...