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Latest Generic Pharmaceutical Association Stories

2014-09-10 12:24:20

Ten-year savings hits record at nearly $1.5 trillion according to annual Generic Drug Savings in the U.S. report WASHINGTON, Sept. 10, 2014 /PRNewswire-USNewswire/ -- The Generic Pharmaceutical Association (GPhA) today released a report showing that generic drugs saved the United States health system $239 billion in 2013, a 14% increase over cost savings achieved in 2012, and the largest annual savings to date. The report also calculates that generic medications saved a record of nearly $1.5...

2014-03-06 12:26:33

Groups Highlight Need for Hard Look at Patient Safety, Access, Cost, and Supply Chain Ramifications WASHINGTON, March 6, 2014 /PRNewswire-USNewswire/ -- In anticipation of the March 13th deadline for comments on the FDA proposed rule on prescription generic drug labeling, today 21 health industry groups submitted a new letter to the FDA, raising concerns about the proposed regulation. "Groups from every part of the healthcare supply chain agree that the Proposed Rule raises serious...

2014-02-05 12:28:02

New Analysis Shows Change Would Add $4B to Annual Health Care Cost; Rule Would Create Dangerous Confusion Throughout Drug Supply Chain, GPhA Warns WASHINGTON, Feb. 5, 2014 /PRNewswire-USNewswire/ -- The Food and Drug Administration's (FDA's) Proposed Rule on prescription drug labeling would add $4 billion annually to the nation's already high health care costs, undercutting the cost savings that generic medicines have brought to America's patients and health care system, according to an...

2014-01-29 12:28:09

WASHINGTON, Jan. 29, 2014 /PRNewswire-USNewswire/ -- "In last night's State of the Union address, President Obama said, 'Today in America... [a]rural doctor gave a young child the first prescription to treat asthma that his mother could afford,' vividly capturing the critical importance of access to safe, affordable medicines for our nation's patients and our health care system. Indeed, in the 30 years since the enactment of the enormously successful Hatch-Waxman law in 1984, which...

2014-01-06 20:21:21

WASHINGTON, Jan. 6, 2014 /PRNewswire-USNewswire/ -- Today, the Centers for Medicare and Medicaid Services (CMS) issued findings that show slower growth in health spending since the implementation of the Affordable Care Act. This successful cost control is consistent with data demonstrating that savings from generic medicines are at an all-time high, reaching $217 billion in 2012 and $1.2 trillion over the most recent decade, according to the 2013 Report on Generic Drug Savings in the...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'