When pharmaceutical patents expire, drug prices often drop by 80% or more-but not always. Learn how generics, patent thickets, and insurance rebates shape what you pay for medicine.
Tag: generic drugs
Medication Guides
When Do Drug Patents Expire? Understanding the 20-Year Term and Real-World Timelines
Drug patents last 20 years from filing, but most drugs lose exclusivity in 7-12 years due to development delays. Learn how patent extensions, FDA exclusivity, and litigation shape when generics actually enter the market.
Compulsory licensing lets governments authorize cheaper generic versions of patented drugs when public health is at stake. Used in India, Brazil, and Thailand, it has slashed prices for HIV and cancer medicines - proving that access to medicine can override profit.
Medication Guides
Generic vs Brand Identification in Pharmacy Systems: Best Practices for Accurate Medication Management
Learn how pharmacy systems accurately distinguish between generic and brand-name drugs using NDC codes, FDA Therapeutic Equivalence ratings, and best practices to ensure safety, compliance, and cost savings.
Medication Guides
Generic Drug Safety in Older Adults: What You Need to Know About Age-Related Risks
Generic drugs are safe for most older adults, but age-related changes in metabolism, polypharmacy, and specific high-risk medications require careful management. Learn how to avoid dangerous interactions and stay safe on generics.