Healthy Skepticism Library item: 9643

Warning: This library includes all items relevant to health product marketing that we are aware of regardless of quality. Often we do not agree with all or part of the contents.

Publication type: Journal Article

Commodity generic sales in 1985 grew 50% over 1984, says report on generic drug industry
American Journal of Hospital Pharmacy 1986 Jul; 43:1644

Abstract:

A 2 volume report by Scitec Services was briefly summarized which reported that commodity generic prescription drug sales grew by as much as 50%, to $1.2 billion in 1985, over 1984 sales of approximately $800 million. Generic Drug Industry: Annual In-Depth Review and Report analyzes growth in sales and market share by generics and predicts future growth patterns. It notes the strategies generic companies will need to maintain their strength and the steps being taken by the pioneer sector (research-oriented companies that develop drug products consisting of new chemical entities) in response to the growth of generics.