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Brand Name vs. Generic
 
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What is the difference between brand name and generic products? AsapTHOUGHT TASTE TEST: https://youtu.be/rYmon9AO1os Subscribe for more: http://bit.ly/asapsci Written by Mitchell Moffit, Gregory Brown, Amanda Edward and Rachel Salt GET THE ASAPSCIENCE BOOK: http://asapscience.com/book/ FOLLOW US! Instagram and Twitter: @whalewatchmeplz and @mitchellmoffit Clickable: http://bit.ly/16F1jeC and http://bit.ly/15J7ube AsapINSTAGRAM: https://instagram.com/asapscience/ Facebook: http://facebook.com/AsapSCIENCE Twitter: http://twitter.com/AsapSCIENCE Tumblr: http://asapscience.tumblr.com Vine: Search "AsapSCIENCE" on vine! SNAPCHAT 'whalewatchmeplz' and 'pixelmitch' Created by Mitchell Moffit (twitter @mitchellmoffit) and Gregory Brown (twitter @whalewatchmeplz). Send us stuff! ASAPSCIENCE INC. P.O. Box 93, Toronto P Toronto, ON, M5S2S6 Reference / Further Reading [1] http://www.ncbi.nlm.nih.gov/pmc/articles/PMC1852907/ [2] http://pubchem.ncbi.nlm.nih.gov/compound/ibuprofen [3] https://en.wikipedia.org/wiki/Ibuprofen_brand_names [4] https://www.cadth.ca/generic-drugs/similarities-and-differences-between-brand-name-and-generic-drugs [5] http://www.capsugel.com/media/library/excipient-requirements-in-the-formulation-of-solid-oral-drug-forms.pdf [6] http://www.fda.gov/Drugs/ResourcesForYou/Consumers/QuestionsAnswers/ucm100100.htm [7] https://advil.net.au/what_is_pain/difference.html [8] http://www.ncbi.nlm.nih.gov/pubmed/26455677 [9] http://www.ncbi.nlm.nih.gov/pubmed/26132680 [10] https://www.sciencebasedmedicine.org/generic-drugs-are-they-equivalent/ [11] http://www.ncbi.nlm.nih.gov/pubmed/26561521 [12] http://www.ncbi.nlm.nih.gov/pubmed/26620809 [13] http://www.ncbi.nlm.nih.gov/pubmed/23700299 [14] http://www.ncbi.nlm.nih.gov/pubmed/25222387 [15] http://www.ncbi.nlm.nih.gov/pubmed/22174986 [16] http://www.huffingtonpost.com/2015/02/22/generic-prescriptions_n_6730194.html [17] http://www.businessinsider.com/generic-drugs-vs-brand-name-2014-5 [18] http://link.springer.com/article/10.1007%2Fs40261-015-0351-1 [19] http://www.hindawi.com/journals/jtrans/2011/480642/ [20] http://www.scientificamerican.com/article/whats-the-difference-betw-2004-12-13/ [21] http://www.cbsnews.com/news/viagra-to-go-generic-in-2017-according-to-pfizer-agreement/ [22] http://www.salk.edu/about/history-of-salk/jonas-salk/ [23] http://jama.jamanetwork.com/article.aspx?articleid=181562
Views: 3643415 AsapSCIENCE
Alvogen founder: Generic drug price wars will drive consolidation | World Finance
 
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Generic pharmaceuticals has become big business in recent years, as the drug industry has ricocheted down a series of patent cliffs over the last decade. You'd think it would be triples all round for investors; but in the US, publicly listed generics companies have actually seen their market capitalisation drop 57 percent since January 2016. Robert Wessman, founder of Alvogen, explains that customer consolidation and over-leveraging to acquire assets has changed the industry permanently. Watch our other interviews with the Alvogen chairman and CEO, where he discusses the company's origins on a restaurant napkin, and his vision of leadership. For a full transcript visit: https://www.worldfinance.com/videos/alvogen-founder-generic-drug-price-wars-will-drive-consolidation For more World Finance videos go to https://www.worldfinance.com/videos/
Views: 12476 worldfinancevideos
Generic Drugs Become Expensive
 
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Disturbing trend in drug pricing… next When Cheap Generics Morph Into Expensive Prescriptions Dr. Jack Cush writing in Rheumnow reported The Wall Street Journal has issued an alarming trend in generic drug pricing that affects many, especially the elderly and those with arthrtis. Pharmaceutical companies have developed a growing number of combined generic products whose sum is far more than the cost of the individual generics. For example, the migraine medication Treximet has two active ingredients—sumatriptan and naproxen. As generics these two drugs may result in a copay is zero dollars for the average patient. A box of nine tablets of Treximet costs $728.67, according to Truven Health Analytics. But the average actual cost for a box is about $353, and the cost of its two constituents, sumatriptan and naproxen, would cost around $19, according to GoodRx. Others combo agents in this category include acne cream Acanya, Duexis and Vimovo for arthritis pain and the weight-loss pill Qsymia. Comment: Pharmaceutical companies can be sneaky I think.
Views: 148 Nathan Wei
Why you can't get the lifesaving drugs you need | Ellen 't Hoen | TEDxZurich
 
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Access to medicines patents can be a question of life and death in the developing world. Global discussions have centred on how to prevent the "tragedy of the anti-commons," in which use of important drugs is off-limits due to the intellectual property rights while also preserving incentives to innovate. The Medicines Patent Pool is an initiative that goes beyond the discussion clearing away medicines patent barriers to increase access to new, affordable HIV treatment in developing countries. Ellen 't Hoen is an independent medicines law and policy consultant. She has particular expertise in the area of access to medicines and intellectual property. Her most recent achievement is the establishment of the Medicines Patent Pool to accelerate the availability of low cost HIV treatments in developing countries through patent licensing. In 1981 she co-founded DES Action the Netherlands and remained its coordinator until 1990. In 1990 she joined Health Action International to head the policy and campaigns unit. From 1996 until 1999 she was the international coordinator of the independent medicines journal La Revue Prescrire/Prescrire International and the International Society of Drug Bulletins (ISDB). From 1999 until 2009 she was the Director of Policy and Advocacy at Médecins sans Frontières' (MSF) Campaign for Access to Essential Medicines. In 2009 she became the Senior Adviser for Intellectual Property and Medicines Patent Pool at WHO/UNITAID where she set up the Medicines Patent Pool which aims at brokering and making available patent licenses to antiretroviral medicines with the purpose of increasing access to low-cost and better adapted ARVs, for example pediatric formulations or fixed dose formulations for use in low and middle income countries. She was the executive-director of the Medicines Patent Pool until June 2012. She won several awards for her work on the effects of exposure to the drug (DES) in the 1980s and 1990s, including the prestigious Harriet Freezerring award in 1989. In 2005, 2006 and 2010 she was listed as one of the 50 most influential people in intellectual property in the world by the journal Managing Intellectual Property. She is a research fellow at the IS HIV/AIDS Academy of the University of Amsterdam and authored the book "The Global Politics of Pharmaceutical Monopoly Power. Drug patents, access, innovation and the application of the WTO Doha Declaration on TRIPS and Public Health." which was published in January 2009 and is available for free download here: http://www.msfaccess.org/content/global-politics-pharmaceutical-monopoly-power. She is a member of the World Health Organization's Expert Advisory Panel on Drug Policies and Management and a member of the advisory board of Universities Allied for Essential Medicines (UAEM). In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
Views: 25783 TEDx Talks
How Does the FDA Approve a Drug?
 
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Have you ever taken an over the counter medication for heartburn? How about an antibiotic for an ear infection? At some point pretty much all of us have visited a pharmacy to pick up a drug, but likely didn't consider where these drugs come from or how they are made. Whether you're talking about something for seasonal allergies or your grandparent's arthritis medication, the act of bringing a drug to market is long and complex. I'm not an expert, but HCT intern Rachel Hoffman is, and with her help, that's the topic of this week's Healthcare Triage. For those of you who want to read more, go here: http://theincidentaleconomist.com/wordpress/?p=63822 John Green -- Executive Producer Stan Muller -- Director, Producer Aaron Carroll -- Writer Mark Olsen -- Graphics http://www.twitter.com/aaronecarroll http://www.twitter.com/crashcoursestan http://www.twitter.com/johngreen http://www.twitter.com/olsenvideo And the housekeeping: 1) You can support Healthcare Triage on Patreon: http://vid.io/xqXr Every little bit helps make the show better! 2) Check out our Facebook page: http://goo.gl/LnOq5z 3) We still have merchandise available at http://www.hctmerch.com
Views: 61411 Healthcare Triage
10 “Generic” Product Names You Didn’t Realize Were TRADEMARKS
 
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Check out our New Biography Channel: https://www.youtube.com/c/biographics A trademark usually presents itself in the form of a name, a logo, a design, or a phrase, with the purpose of distinguishing one manufacturer’s products from another. Sometimes, however, when business is really good for a particular brand, or it has a head start over the competition, then that particular brand might just become a proprietary eponym, or generic trademark. This means that if a product develops a substantial market share over the other manufacturers, or it becomes well ingrained into the public consciousness, then its brand could replace the name for the entire industry. →Subscribe for new videos every day! https://www.youtube.com/user/toptenznet?sub_confirmation=1 Help us translate our videos: https://www.youtube.com/timedtext_cs_queue?msg=10&tab=0 - Learn more why you might want to help: https://support.google.com/youtube/answer/6052538 Find more lists at: http://www.toptenz.net Entertaining and educational top 10 lists from TopTenzNet! Subscribe to our Facebook: https://www.facebook.com/TopTenz/ Business inquiries to admin@toptenz.net Other TopTenz Videos: Top 10 CRAZY Marketing Decisions by COCA-COLA https://youtu.be/W_QE05iD2h8?list=PLQ4d2-ByGhnJ9wKIVrfv-6wzyiyPn7GfA Top 10 Coca-Cola Myths... That Turned Out To Be TRUE https://youtu.be/TXl5l0fLXwE?list=PLQ4d2-ByGhnJ9wKIVrfv-6wzyiyPn7GfA Text version: http://www.toptenz.net/10-generic-product-names-didnt-realize-trademarks.php Coming up: 10. Dry Ice 9. Band-Aid 8. Frisbee 7. Velcro 6. Aspirin 5. Jet Ski 4. Bubble Wrap 3. Dumpster 2. Mace 1. Heroin Source/Further reading: http://science.howstuffworks.com/innovation/science-questions/question264.htm https://www.thoughtco.com/history-of-the-band-aid-1991345 http://www.history.com/this-day-in-history/toy-company-wham-o-produces-first-frisbees http://memory-alpha.wikia.com/wiki/Carbon_Creek_(episode) https://www.biography.com/people/george-de-mestral-9271201 http://www.newworldencyclopedia.org/entry/Ebers_Papyrus https://www.thoughtco.com/history-of-the-jet-ski-1991670 http://io9.gizmodo.com/the-strange-history-of-bubble-wrap-and-why-its-changing-1715657271 http://www.massrlcs.org/history-of-the-dumpster/ http://www.smithsonianmag.com/history/forgotten-history-mace-designed-29-year-old-and-reinvented-police-weapon-180953239/ https://www.theguardian.com/us-news/2015/jul/08/heroin-use-overdose-deaths-us-prescription-opioids https://www.theatlantic.com/health/archive/2014/02/heroin-addictions-fraught-history/284001/ https://cdn.pixabay.com/photo/2012/04/24/12/11/trademark-39682_960_720.png https://cdn.pixabay.com/photo/2017/01/18/08/15/business-1989130_960_720.jpg https://upload.wikimedia.org/wikipedia/commons/thumb/5/5d/Xerox_Phaser_8500.jpg/1280px-Xerox_Phaser_8500.jpg https://cdn.pixabay.com/photo/2013/01/29/01/02/google-76522_960_720.png https://upload.wikimedia.org/wikipedia/commons/d/d7/Pampers_Swaddlers_Size_2_%282508683392%29.jpg https://upload.wikimedia.org/wikipedia/commons/9/91/Tupperware_in_Design_museum_Gent.jpg https://upload.wikimedia.org/wikipedia/commons/5/51/Dry_Ice_Sublimation_2.jpg https://upload.wikimedia.org/wikipedia/commons/8/83/A_cocktail_with_liquid_nitrogen_at_Wikimania_2016.jpg https://c1.staticflickr.com/4/3014/2988161958_0fc4336190_b.jpg https://c1.staticflickr.com/8/7741/17490553041_b929b89db0_b.jpg
Views: 169548 TopTenz
Generic Drugs Free From Federal Regulations - The Ring Of Fire
 
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The US Supreme Court recently gave generic drug manufacturers a free pass to poison and kill American consumers. But even before that ruling, generic drug companies were subject to few, if any, federal regulations. Ring of Fire guest host Farron Cousins discusses this with attorney Howard Nations. Watch Ring of Fire every Sunday at 12pm Eastern/9am Pacific on Free Speech TV! Follow more of our stories at http://www.RingofFireRadio.com Be sociable! Follow us on: Facebook: http://www.facebook.com/RingofFireRadio Twitter: http://www.twitter.com/RingofFireRadio Google+: http://plus.google.com/118415831573195648557
Views: 431 The Ring of Fire
DNA: Modi govt to make doctors prescribe cheaper generic drugs
 
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Has government Decoded "Generic Medicine" scam of doctors?. Watch the full segment for more details. Zee News always stay ahead in bringing current affairs from all the valley of National interest, Politics, Entertainment, Sports and International happenings. We take you to the depth of every matter by providing every small detail and makes you familiar with all the happening around you. Zee News is the highly popular Hindi News channel of India’s largest television network ZMCL. The channel, which has a huge following in India and abroad, has won several prestigious national and international awards. Among its popular programs are - Dr. Subhash Chandra Show: https://goo.gl/fCugXC Daily News and Analysis: https://goo.gl/B8eVsD Manthan: https://goo.gl/6q0wUN Fast n Facts: https://goo.gl/kW2MYV Your daily dose of entertainment: https://goo.gl/ZNEfhw Sports roundup: https://goo.gl/KeeYjf Aapke Sitare: https://goo.gl/X56YSa Bharat Bhagya Vidhata: https://goo.gl/QqJiOV Taal Thok Ke : https://goo.gl/yiV6e7 Subscribe to our channel at https://goo.gl/qKzmWg Check out our website: http://www.zeenews.com Connect with us at our social media handles: Facebook: https://www.facebook.com/ZeeNews Twitter: https://twitter.com/ZeeNews Google Plus: https://plus.google.com/+Zeenews
Views: 219858 Zee News
Are generic drugs really 'the same'?
 
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A CALL7 investigation has found generic medications save money, but could cost you your health.
Why Prescription Drugs Cost So Much | Michael Rea | TEDxKC
 
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Would you be mad if you found out you were paying as much as 2000% more than your neighbor for a prescription? Furious, Michael Rea left his job as a pharmacist eight years ago to pursue a solution to the runaway cost of prescription drugs. Dr. Michael Rea founded Rx Savings Solutions in 2008 after routinely witnessing consumers struggling to pay for their medications. He noticed quickly at that time that consumers were paying much more than they needed to, which was attributable to a lack of information available to them. He set out on his mission to arm consumers with this information and add efficiency and transparency back into the world of pharmacy. Dr. Rea has been involved with research surrounding pharmacy transparency for over 10 years. He received his Doctor of Pharmacy degree from Creighton University. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx
Views: 24748 TEDx Talks
CVS Sued Over Generic Drug Pricing
 
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CVS is accused of charging some customers more than others for the same generic drug; KDKA's Jon Delano reports. FULL STORY: http://cbsloc.al/1hb1Jzs
Views: 176 CBS Pittsburgh
Top 100 Prescription Drugs: 1-25 WITH AUDIO (1/4)
 
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This video series covers the top 100 drugs. This list is current as of 12/23/2016. Includes audio pronunciation, brand names, indication, and drug classification. Great for those studying for the Pharmacy Technician Certification Exam (PCTE) since the test covers the top 200 drugs. *CORRECTION: levothyroxine (Synthroid) is for hypothyroidism, NOT hyperthyroidism* 1. 0:12 levothyroxine 2. 0:23 hydrocodone/APAP 3. 0:40 amoxicillin 4. 0:51 lisinopril 5. 1:03 esomeprazole 6. 1:15 atorvastatin 7. 1:28 simvastatin 8. 1:42 clopidogrel 9. 1:54 montelukast 10. 2:08 rosuvastatin 11. 2:20 metoprolol 12. 2:30 escitalopram 13. 2:40 axithromycin 14. 2:50 albuterol 15. 3:04 hydrochlorothiazide (HCTZ) 16. 3:16 metformin 17. 3:26 sertraline 18. 3:36 ibuprofen 19. 3:47 zolpidem 20. 3:59 furozemide 21. 4:09 omeprazole 22. 4:22 trazodone 23. 4:31 valsartan 24. 4:42 tramadol 25. 4:55 duloxetine
Views: 115190 Sarah Takenaka
Generic Drug Stocks
 
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http://profitableinvestingtips.com/investing-tips/generic-drug-stocks Generic Drug Stocks By www.ProfitableInvestingTips.com. Pharmaceutical companies that make generic drugs were once a niche market. Today generic drug companies are set to bypass the makers of brand name drugs in sales value and volume according to About Money. Just a few years ago generic drug makers owned just a small slice of the pharmaceutical drug market. Today generics are a formidable segment of the industry and are on track to surpass branded drugs in sales value as well as sales volume within a few years, according to industry analysts. In the United States - where about 80 percent of all scripts written are for generics -- and traditional markets in Europe, multinational branded firms feeling losses from the patent cliff, health care reform legislation and austerity, are forming partnerships with their generic competitors to tap the expansion in generic sales. The top worldwide generic drug stocks and their 2012 generic drug sales are the following: • Teva, $10.4 billion • Mylan, $5.8 billion • Hospira, $4.1 billion • Sanofi, €1.8 billion • Ranbaxy Laboratories Ltd., $2.3 billion • Aspen Pharmacare Holding Ltd., 15.3 billion rand • STADA Arzneimittel AG, €1.2 billion Teva is the clear leader and Teva wants to take over Mylan. Teva to Acquire Mylan The New York Times reports that two generic drug stocks may become one as Teva seeks to acquire its rival Mylan. The deal making reached a fevered pitch on Tuesday when Teva, an Israeli maker of generic drugs, made an unsolicited $40 billion offer for Mylan, a rival based in the Netherlands. Getting bigger gives you better pricing and better leverage and also gets you into more markets.” This is especially true for generic drug makers, which rely less on research and development and more on maximizing profits from increasingly large global operations. Teva makes the case that by taking over Mylan they will add to their lead among generic drug stocks and increase annual revenue to around $30 billion as well as realize about $2 billion in cost savings. What Are Generic Drug Stocks? The Food and Drug Administration defines generic drugs. A generic drug (generic drugs, short: generics) is a drug defined as "a drug product that is comparable to a brand/reference listed drug product in dosage form, strength, quality and performance characteristics, and intended use." And generic drugs are cheaper than brand name drugs. This is because generic drug companies do not have the same research and development costs that big pharmaceutical companies have. They simply wait for the patent to expire on new blockbuster medications and make an identical medication for much less money. There are all sorts of new miracle drugs in the world and they are simply too expensive for the vast majority of people who take them. Generic drug stocks prosper because they provide necessary medications for the likes of the aging of populations in North America, Europe and Japan which increase their prescribed drug consumption every year. Should You Invest in Generic Drug Stocks? No matter how attractive generic drug stocks may seem fundamental stock analysis will tell you if a stock or a pending deal has good intrinsic value or not. There are pitfalls that Teva could fall into and not succeed in acquiring Mylan. These are antitrust concerns and a Mylan poison pill. If you are interested in generic drug stocks do your homework first. http://youtu.be/N113JpVAxok
Views: 258 InvestingTip
Why Are Some Medications Not Available as Generic?
 
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Maya - a mailmyprescriptions.com licensed pharmacist - explains why some medications are not available as a generic brand. Watch to learn more. Mailmyprescriptions.com is America’s first mail-order pharmacy to offer direct-from-the-wholesaler, guaranteed low pricing on FDA-approved generic drugs. For more information on how you can save on your generic prescription drugs, visit https://goo.gl/NNAoeA Subscribe for more updates, news, and videos. STAY CONNECTED: Facebook: https://www.facebook.com/mailmyprescriptions/ Instagram: https://www.instagram.com/mailmyprescriptions/ Twitter: https://twitter.com/mailmyrx LinkedIn: https://www.linkedin.com/company/mailmyprescriptions.com
Views: 152 MailMyPrescriptions
Rise of Generic Drug Prescriptions Creates Liability Nightmare
 
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Under current law, generic drug manufacturers are less responsible for adverse reactions than brand-name manufacturers.
Views: 2026 ABC News
New Plan Could Spur Generic Drug Competition & Reduce Drug Cost
 
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Lawmakers are considering a new plan to prevent pharmaceutical companies from blocking the creation of generic drugs. One America's John Hines has more from Washington.
Why Do Generic Drugs Cost So Much?
 
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Generic Medications Cost too much money! There's a wide variability in the cost of generic medications from pharmacy to pharmacy. Researchers at Saint Louis University surveyed 175 pharmacies and asked for their prices for the meds Lisinopril, Carvedilol, and Digoxin. These are common heart failure medications. The researchers found that the prices for three generic medications ranged from less than $20 to more than $150, with the highest price for all three medications being $397 for a 1 month supply! This is way too much money! If you spent $150/month on medications alone, it would cost $1800 for the year. In contrast, if you spent less than $20/month on these same medications, it would cost less than $240 for the year. This is a difference of $1,560. Unfortunately, these costs have the greatest adverse effect on low income communities because they may not have the transportation resources to drive to these less expensive pharmacies. A possible solution is Direct Primary Care. DPC doctors like myself buy medications at wholesale prices and give them to our patients at cost, or with a 10% mark up to cover the cost of shipping and handling. For example, at our clinic Plum Health DPC, we can wholesale these same three medications for about $18/month. You can find out more about our services at http://www.plumhealthdpc.com/ Table of Contents: 00:00 - Welcome 00:12 - Article on the Variability in Retail Pricing for Generic Drugs for Heart Failure http://jamanetwork.com/journals/jamainternalmedicine/fullarticle/2582937 00:28 - Overview of Heart Failure Disease Burden 00:35 - CDC Fact Sheet on Heart Failure 00:53 - Variability in Retail Pricing for Generic Drugs for Heart Failure 01:35 - Methods 01:47 - Map of Variability in Retail Pricing for Generic Drugs for Heart Failure http://jamanetwork.com/data/Journals/INTEMED/0/ild160060f1.png 02:49 - Table: Median Pharmacy Price for Digoxin, Lisinopril, and Carvedilol http://jamanetwork.com/data/Journals/INTEMED/0/ild160060t1.png 03:16 - Discussion of Findings in JAMA Article 03:50 - How we save you money 04:00 - Plum Health DPC prices for Carvedilol 04:29 - Plum Health DPC prices for Lisinopril 04:48 - Plum Health DPC prices for Digoxin 05:06 - Total Savings Bonus: article from St. Louis University about the study with a photo of Dr. Paul Hauptman http://www.slu.edu/news/2016/november/variability-in-generic-heart-failure-drugs.php
Views: 161 Plum Health DPC
Branded or Generics?
 
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Short explanation of differences/similarities between Branded and Generic medications. Branded drugs are essentially the first-to-market medicines and are covered in the initial period of marketing by a patent. They tend to be priced high because of the need to recoup investments made during research and development. Post licensing, the branded drug enjoys a protect period while being covered by patent. Once the patent runs out, the active ingredient can be marketed in generic forms. Generic drugs appear in the market once the patent cover for the drug expires. They are licensed primarily based on adherence to quality manufacturing standards, and the establishment of therapeutic 'equivalence' or bio-equivalence. Essentially generic drugs must in interchangeable with the branded item. The regulation for this is usually the national drug regulatory departments. In Singapore, this would be handled by the Health Sciences Authority (HSA) Singapore. Generic drugs are priced much lower because companies marketing generic drugs have not made any prior R&D investments during drug development. Generally, generic drugs are as safe and effective as branded ones, but much cheaper. Unless really necessary, prescribers should use generic medicines. The FDA has some information on this. https://www.fda.gov/Drugs/ResourcesForYou/Consumers/BuyingUsingMedicineSafely/GenericDrugs/ucm169209.htm#Patient For more of this, please visit www.pharmacologytutorials.com
How medicines are made
 
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Welcome to AstraZeneca's production in Södertälje
Views: 29149 AstraZeneca Sverige
Nonprofit generic drug venture could include third of hospital market
 
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A nonprofit generic drug company led by some well-known U.S. hospital systems and the Department of Veterans Affairs is trying to expand the market for inexpensive medicines — fast. The nonprofit aims to fulfill two needs. It wants to produce generic drugs that are in short supply. And it's trying to create more competition for pricey, older off-patent drugs so that they become more affordable. The fast-rising company could soon count one-third of all U.S. hospital operators as its members. Seventy hospital systems have expressed interest in joining the venture since its launch about six weeks ago, said Dan Liljenquist, vice president at Intermountain Healthcare in Utah, one of the lead institutions behind the project, on Monday. The driving force behind the plan is not a typical nonprofit backer but a businessman who adamantly believes in the role of capitalism in health care. Liljenquist, who came up with the idea and ran it by former HHS Secretary Mike Leavitt for his approval, described himself as a conservative Republican — he once mounted a primary challenge to Sen. Orrin Hatch (R-Utah) — who wants to "make markets work." But speaking at a Johns Hopkins Carey Business School meeting on drug pricing and access on Monday, he argued that portions of the generic drug space amount to a market failure that capitalist solutions alone can't correct. He pointed to shortages of hundreds of old drugs and instances where old off-patent medicine like Martin Shkreli's Daraprim have no generic competition, leading to huge price spikes. The nonprofit — led by Intermountain with Ascension, SSM Health, Trinity Health and the Department of Veterans Affairs — plans to directly ship to hospitals, bypassing wholesalers and other middlemen to keep costs down. It will also publish product prices. There will be a single market price and justifications for increases driven by higher raw material costs or investments in new manufacturing, similar to how public utilities defend rate adjustments. The nonprofit will be incorporated this summer and should begin operating in the fall, focusing first on the lowest-hanging fruit: off-patent drugs deemed essential medicines by groups like the World Health Organization that are in short supply. If successful, it aims to look at making other medicines like insulin, which has become very expensive for consumers despite being on the market for decades, or the transformative cancer drug Gleevec, which recently went generic but hasn’t seen prices come down very much, Liljenquist said. "We initially thought it would take us five years to get 10 drugs to market, but we're now thinking it will be a lot faster than that," Liljenquist said Monday. Liljenquist has been making the rounds pitching his plan. He met with the full bipartisan staff of the Senate HELP Committee last week, as well as with Hatch, Sens. Mike Lee (R-Utah) and John Thune (R-S.D). and House Majority Leader Kevin McCarthy's offices last week. "We said we don't need anything from you. We just want to make sure FDA rules are applied to use as fairly as anyone else," Liljenquist said. He acknowledged that drugs the venture makes may not be the cheapest on the market, but added the nonprofit will offer health systems the assurance of constant supply. There aren't many incentives for redundancy in the current drug market, Liljenquist said. "We may not be the lowest price on market but will be the lowest price with redundant supply ... like a public utility would be focused on not having rolling blackouts. I think that is something our members will pay for." He also hinted of future partnerships with businesses like Amazon that are looking to disrupt health care. Liljenquist said he had a conversation with a major pharmacy benefits manager about his plan — and they directed him to Amazon and similar companies who have the scale to disrupt the current drug market.
Views: 14 NEWS HEADLINES CN1
How Patent Manipulation by Drug Companies Endangers Lives
 
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By exploiting the patent system to keep generic drugs off the market, Big Pharma makes lifesaving medicines unaffordable to many in need. Tahir Amin, co-director of the Initiative for Medicines, Access, and Knowledge, explains how it works, and what his group is doing to stop it. Learn more: http://www.opensocietyfoundations.org/topics/access-medicines
TRUTH BEHIND MEDICINE BUSINESS IN INDIA | Dr. Amit Maheshwari
 
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What is Generic Medicine? Why Generic Medicine are relatively so Cheap in comparison to branded medicines? ,Generic medicine kya hai? Branded medicine mehengi kyon hoti hai? , Difference between branded drug and generic drugs? In India very few people are aware of generic medicines, because of which people are spending more and more money on their medicines expenses. Recently Indian Government and The Medical Council of India (MCI) ,has mandated that only generic names of drugs would have to be mentioned in prescriptions to patients. Dr. Amit Maheshwari has explained in a very elaborative manner with his research and case studies to reveal the truth behind ongoing vicious trade of medicine business. This is an awareness video, will definitely help you to stay healthy and protect you from spending on expensive medicines. If you want to invite Dr. Amit Maheshwari as Keynote Speaker for your next Event at your Organisation Call 8882-98-96-94 or Click www.dramitmaheshwari.com ================= Medicine Council Of India 1800111154 Toll Free ================= Dr. Amit Maheshwari is Business Trainer, Public Speaker, Motivational Speaker, Corporate Trainer by Profession whose Experience includes 16 years in Public Speaking conducted +2500 Training Workshop in India and Abroad. He is Youngest President of Delhi Pradesh Maheshwari Yuva Sangathan. https://www.facebook.com/MettasClub https://www.facebook.com/amitmaheshwariofficial/ https://www.youtube.com/MettasClub https://twitter.com/MettasClub https://vimeo.com/amitmaheshwariji http://www.dailymotion.com/DrAmitMaheshwari For Training Program Registration Call Us at: 8882989694, 9911473894, 8882610799 Disclaimer : DISCLAIMER: Please don't go out of your way to or hate on anyone I shown in my videos, this channel is to educate people and I usually focus on information about what the people are doing not the individual themselves, please don't go spreading hate it's all for knowledge. Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. #Medicine #GenericMedicine #Doctor #Loot #Business
Views: 11656 Mettas Club
Generic drug manufacturing will double in 5 years: ASSOCHAM
 
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Watch ► Jayalalithaa Takes Oath - Full Speech : https://goo.gl/W8w8Gr -~-~~-~~~-~~-~- The generic drug manufacturing will double in five years and touch 1.8 lakh crore and have almost 85 percent share in the pharma market by 2020, said the study conducted by the ASSOCHAM. Connect with Puthiya Thalaimurai TV Online: SUBSCRIBE to get the latest updates : http://bit.ly/1O4soYP Visit Puthiya Thalaimurai TV WEBSITE: http://puthiyathalaimurai.tv/ Like Puthiya Thalaimurai TV on FACEBOOK: https://www.facebook.com/PTTVOnlineNews Follow Puthiya Thalaimurai TV TWITTER: https://twitter.com/PTTVOnlineNews About Puthiya Thalaimurai TV Puthiya Thalaimurai TV is a 24x7 live news channel in Tamil launched on August 24, 2011.Due to its independent editorial stance it became extremely popular in India and abroad within days of its launch and continues to remain so till date.The channel looks at issues through the eyes of the common man and serves as a platform that airs people's views.The editorial policy is built on strong ethics and fair reporting methods that does not favour or oppose any individual, ideology, group, government, organisation or sponsor.The channel’s primary aim is taking unbiased and accurate information to the socially conscious common man.   Besides giving live and current information the channel broadcasts news on sports,  business and international affairs. It also offers a wide array of week end programmes.   The channel is promoted by Chennai based New Gen Media Corporation. The company also publishes popular Tamil magazines- Puthiya Thalaimurai and Kalvi.   The news center is based in Chennai city, supported by a sprawling network of bureaus all over Tamil Nadu. It has a northern hub in the capital Delhi.The channel is proud of its well trained journalists and employs cutting edge technology for news gathering and processing.
Generic Drugs Just Got More Dangerous - The Ring Of Fire
 
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The FDA was supposed to issue new rules last year to make generic prescription drugs safer for American consumers. But so far, they’ve failed to take any action, which is leaving patients at risk and drug makers with a Get Out of Jail Free card. Ring of Fire’s Farron Cousins discusses this with attorney Howard Nations. Listen to Ring of Fire on Saturdays from 3pm - 6pm Eastern! Listen live via the Progressive Voices Channel on TuneIn: http://tunein.com/radio/Progressive-Voices-s189055/ Or find a station here: http://www.ringoffireradio.com/station/ Watch Ring of Fire every Sunday at 12pm Eastern/9am Pacific on Free Speech TV! Support Ring of Fire by subscribing to our YouTube channel: http://www.youtube.com/user/golefttv You can also support us here: http://www.ringoffireradio.com/support/ Your continued support keeps Ring of Fire on the air! Follow more of our stories at http://www.RingofFireRadio.com Be sociable! Follow us on: Facebook: http://www.facebook.com/RingofFireRadio Twitter: http://www.twitter.com/RingofFireRadio Google+: http://plus.google.com/118415831573195648557 Support us further by shopping on Amazon via our Amazon-Ring of Fire partnership link. A portion of the sales will come back to Ring of Fire at no extra cost to you. Bookmark and follow the link below and continue shopping as usual! Amazon - Ring of Fire partnership link: http://www.amazon.com/?tag=rinoffir-20
Views: 2298 The Ring of Fire
Generic: The Unbranding of Modern Medicine - Book Trailer
 
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Brand name drugs and their generic counterparts are never identical. In his new book, Generic, medical historian Jeremy Greene M.D. considers how that happened and why it matters.
Top 200 Drugs Pronunciation (Generic names/ Brand names)
 
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Top 200 drugs pronunciation: 1. Analgesics 0:03 2. Anti-infectives 1:55 3. Cardiovascular 3:42 4. CNS 7:59 5. Endocrine 12:56 6. Gastrointestinal 15:17 7. Miscellaneous 16:33 8. Respiratory 17:23
Views: 182921 Vince Li
The Real Deal: Generic drug prices
 
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ALBANY -- If you take generic medications, you've likely noticed you're paying more for some of them. Certain drugs have quadrupled in price over the last year. Patients and pharmacists are furious and now lawmakers are looking to do something about it. "Last month, I had to order like 6 different prescriptions and it came to quite a bit," says Arlene Laboy of Sloansville. She recently received a warning from her pharmacist that she was not expecting, "they have told me that some of my medications are going to be increased," she says. Laboy, like millions of others, relies on a number of generic drugs to stay healthy and she's paying a lot more for a few of the same pills she's been taking for years. "It's a sporadic issue, it may be a handful of medications, maybe 15-20 at a time but what is incredible is the percentage of increase in price, something that could be 8 cents is now 9 dollars a pill," says John McDonald, owner of Marra's Pharmacy in Cohoes. A few examples, the price of Doxycycline, an antibiotic used to treat infections went from $20 for a 100-pill bottle in October of 2013 to nearly $2,000 a year later, Albuterol Sulfate, a common asthma treatment shot from $11 per bottle to $434. "There are different reasons, sometimes valid reasons‚there may be a raw material shortage, an FDA inspection may close down a few facilities usually in a foreign country and then there are times there are no valid excuses, we don't get a valid reason," McDonald says. Even if you're not taking any of the impacted medications, you're still paying for them, "we spend 15 cents of every premium dollar just on paying for drugs," says Paul Macielak, the President of the New York State Health Plan Association which represents insurers. And at the moment, he says, there is little oversight on how those prices are set, "pharmaceuticals today is the most profitable sector in healthcare, I mean I think the running profit is around 20%, overall that's more than five times what health plans and hospitals earn in terms of any kind of a margin, so that's something I think warrants somebody looking at," he says. Hearings are being held both on Capitol Hill and in Albany to discuss what can be done to increase transparency of generic drug pricing. "For the most part, generics are very cost effective options, the problem is though when you have these roller coaster episodes, it really wreaks havoc in the market," McDonald says. The Generic Pharmaceutical Association says while there have been some price spikes, they do not reflect the broader U.S. market, which includes 12,000 generic medications. Either way, for Laboy who is on a fixed income, these ups and downs are causing some serious budget issues.
Views: 367 CBS6 Albany
Branded Drug vs Generic Drugs - The CaRPHenters
 
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1st Runner Up in PHARMAlaman Mo! Video Making Competition :) An event organized by the Federation of the Junior Chapters of the Philippine Pharmacists' Association - Rho Chapter :)
Views: 145 Ivy Gayle Antiojo
Rx drug prices rising as more generic brands become
 
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The cost of prescription drugs has been on the rise in recent years. So what's behind the uptick and how can people save money?
Views: 224 WKBT TV
Courts weigh in on generic drug delays
 
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Are less-expensive generic drugs being delayed to market by so-called "pay for delay" deals between drug companies? That's the allegation of the Federal Trade Commission, which has made fighting the deals one of its top priorities. NewsHour Weekend correspondent Megan Thompson spoke to Ed Silverman who writes the Pharmalot Blog for the Wall Street Journal, and has covered the pharmaceutical industry for almost 20 years.
Views: 800 PBS NewsHour
Price fix? Drug companies drastically raising generic drug prices
 
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A federal investigation into price fixing by generic drug companies shows no sign of slowing down and several warrants have been served to corporate offices.
Views: 127 WSB-TV
Generics are Powerful Medicine
 
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www.genericsarepowerful.org An 8 Minute video about generic prescription drugs -- explains why they are safe, effective and affordable, and dispels some of the most common myths about generics.
Views: 883 genericsarepowerful
Generic Drug|Generic Vs Branded drugs|Drug Finder |Online Drug Prices| Health Care Startup India
 
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There is a great misconception on the use of generic and branded drugs. Most people believe that generics are not as effective as branded drugs. Totally false! Generic drug is relatively similar to branded drugs in quality, strength, dosage, safety and mechanism. Still most people buy costly branded pills being unaware of the fact that cheap generic versions of such branded pills are already available in the pharmacy. Mediklik – A Health Care Startup India is here with their vast online drug database where people will get information about the generic composition of your brand-name drugs along with their therapeutic classification, ICD codes, typical uses, doses, contraindications, side-effects and interaction with other drugs. #Aapkahealthbuddy
Prescription drugs are skyrocketing
 
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BEAUMONT-By Jennifer Gordy If you have a heart condition, diabetes, high cholesterol, you know how expensive the drugs are to treat the condition. The cost of the drugs, whether generic or name-brand, is skyrocketing. Pharmacy Tech, Amy Lovoi, works at her family's pharmacy, Lovoi and Sons. Lovoi says, "We are definitely seeing increases a hundred percent, a thousand percent, and in some cases 6 thousand percent. We've been in business for over 80 years so my uncle and my father are aware of the costs of the drugs from way back when. When I inform them of the increases they are shocked." Some examples, Mycolog cream, an anti-fungal treatment, jumped from 49 dollars last July to 169 dollars this year. Amitriptyline, a generic drug used to treat depression, increased overnight this May from 18 dollars to four hundred dollars for a bottle of one thousand tablets. It's hard to pin down just what has catapulted prescription prices almost out of reach for some. Lovoi says, "I recommend you pick up the Wall Street Journal and take a look at what pharmaceutical companies are making. It's astronomical. They are making big dollars." Concerned citizen Joe Evans blames the President for the extra dollars they have to spend on prescription meds. Evans says, "I think the current administration has put these things in place so people will have to be at the mercy of the insurance companies and you have to buy the expensive insurance and expensive medicine. You just have to." Lovoi says some patients even consider stopping their medication because of rising costs. She warns that's not a good idea. Lovoi says, "When something is too expensive, we do take that extra step and call the doctor and talk to the nurse see if we can find an alternative for them that is less expensive. We don't want our patients to go without medication that's unhealthy and very risky. But the costs are causing a different kind of pain to the pocketbook. Lovoi says, "I just know that there doesn't seem to be an end in sight." Lovoi recommends getting your pharmacist involved in helping find a less expensive alternative, if a prescription becomes unaffordable.
Views: 181 KFDM YouTube
Lawsuit Accuses Drug Makers Of Fixing Generic Drug Prices
 
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More than a dozen companies and 18 medicines are named in the price-fixing lawsuit.
Views: 102 CBS Miami
Generic Medications For Your  Pets
 
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Generic medications are drugs that contain the same active ingredients as the branded drug, but are sold at a lower cost. Generics are very common in human medicine, now making up more than 80% of all prescriptions. In recent years, generic pet medications, including pain relievers, heartworm prevention and even flea and tick protection, have become available. Pet owners may have questions about the effectiveness and safety of these products. But rest assured that generics are regulated just as tightly as brand name medications.
Views: 336 MyVNN
Satyamev Jayate's Asar: Aamir Khan bats for generic medicines
 
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The actor had featured generic drugs as one of the themes in his show 'Satyamev Jayate' recently. Replying on his support for generic medicines, Khan said certain interested parties have questioned the quality and power of such drugs which was not true. For more info log on to: http://youtube.com/abpnews
Views: 46112 ABP NEWS
Senators urge FDA to halt generic drug deals
 
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Two U.S. Senators are urging the FDA to require lobbying groups to disclose any financial ties with drug-makers. Nancy Cordes reports.
Views: 1268 CBS News
#AskAPharmacist: Why are brand drugs more expensive than generic drugs?
 
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To celebrate Pharmacy Awareness Month 2016 (#PAM2016), the University of Waterloo School of Pharmacy is hosting #AskAPharmacist, a video series where our pharmacist faculty and staff answer that we received in February.
Views: 448 UW Pharmacy
Generic Drug Probe Charges To Be Filed By Year End | Power Lunch | CNBC
 
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CNBC's Dominic Chu reports on possible charges being filed by the Justice Department against some generic drugmakers, according to Bloomberg. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Generic Drug Probe Charges To Be Filed By Year End | Power Lunch | CNBC
Views: 451 CNBC
Lipitor to be available in generic form
 
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The best selling drug in the country, Lipitor, is now available in generic form. That means it will become less expensive, and it also means more people have a more powerful weapon to fight cholesterol.
Views: 393 WIVBTV
Generic Drug Awareness Counter Opened At Trade Fair, Delhi
 
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A counter to educate people about generic medicines has been opened by the government at the Trade Fair-2015 being held at Pragati Maidan in New Delhi. For more news from Dilli Aaj Tak Subscribe: http://www.youtube.com/channel/UCyyP7tUlQYhYCDmqafg7Rpg
Views: 108 Dilli Aajtak
Pharmaceutical Panel - Generic Drug Expansion
 
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Our Pharmaceutical Panel discusses the increasing number of generic drugs being dispensed in the world today.
Views: 66 Bourne Partners
The Real Deal: Generic Drug Companies Not Li
 
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GLENVILLE -86% of Americans now take generic drugs and while those medications may be cheaper than the name brands, you're unknowingly giving up the ability to sue if you run into any unforeseen complications with the medication. Generic drug makers have to stick close to the name-brand formula and labeling and the Supreme Court has ruled because of those rules, they can't be held liable if something goes wrong. Debbie from Glenville has lasting effects from a drug reaction she suffered following a knee replacement, "I figured I'd come home and everything would be fine," she says but that's not what happened. She and her doctors say a generic pain medication she was taking caused renal failure and by the time she got back to the hospital, she was in serious condition. "At that point, I had 1,177 liters of urine throughout my body‚it was awful, I was so bloated I couldn't bend down to pick anything up, my legs ached, my ankles hurt, I couldn't do the therapy for my knee replacement," she says. After months of recovering, Debbie brought her case to a lawyer, "they said that you can't sue because it's a generic drug‚it took six months of my life away and they just say, "no, you can't do it, you can't sue," she says. Under federal law, generic drug makers are not allowed to change the safety warnings on their labels in response to new risks and side effects until after the name brand maker has done so. And then, the change needs to be approved by the FDA which creates a big window of time when patients may be taking the generic without updated health information. The FDA recently delayed a new rule that would require generic drug makers to independently update warnings after getting major pushback from the industry. The Generic Pharmaceutical Association argues the new rule would increase the prices of generic drugs and open up the generic drug makers to more liability. Debbie says she wouldn't mind paying a little extra for a little more piece of mind, "It was a nightmare and I don't want other people going through it," she says.
Views: 130 CBS6 Albany
Marketing to Doctors: Last Week Tonight with John Oliver (HBO)
 
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Pharmaceutical companies spend billions of dollars marketing drugs to doctors. We have a few issues with that. Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight
Views: 10356058 LastWeekTonight
The Importance  of Quality Management for Generic Drug and API Manufacturers
 
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Warren Perry, GRCP, Compliance Consultant, QUMAS discusses the issues that are facing Generic Pharma companies and API manufacturers that operate outside North America and Europe. Perry also discusses how the FDA GDUFA mandate requires Quality Management systems that include document management and process managment (CAPAs, deviations, complaints, change controls etc.) to be in English in order for submissions to be inspected. To conclude Warren briefly addresses the emerging role of the PIC (Pharmaceutical Inspection Corporation) inspections standard.
Views: 1398 QUMAS Inc