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Last updated on April 16, 2014 at 6:49 EDT

Latest Generic Pharmaceutical Association Stories

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...

2013-12-19 16:27:21

Ten-Year Savings Exceeds $1.2 Trillion Dollars, Retail Market Savings Underscore Value of More Affordable Generics to Patients, Payers WASHINGTON, Dec. 19, 2013 /PRNewswire-USNewswire/ -- The Generic Pharmaceutical Association (GPhA) today released the fifth annual report, Generic Drug Savings in the U.S., showing that the use of generic medicines resulted in $217 billion in savings to the U.S. health care system in 2012 and $1.2 trillion over the last 10 years (2003-2012). For the...

2013-09-23 08:28:07

-To avoid frivolous brand tactics and confusion in the marketplace, company urges use of identical, non-proprietary names to promote ongoing efforts to expand access and ensure patient safety- PITTSBURGH, Sept. 23, 2013 /PRNewswire/ -- Mylan Inc. (Nasdaq: MYL) today expressed support for the Generic Pharmaceutical Association's (GPhA) filing of an official Citizen Petition with the Food and Drug Administration (FDA) detailing the industry's position on biosimilar naming. The petition...

2013-07-09 16:22:33

WASHINGTON, July 9, 2013 /PRNewswire-USNewswire/ -- Generic pharmaceuticals launched prior to patent expiration due to a patent settlement helped the U.S. health system save $25.5 billion from 2005-2012 and brought generic medicines to market on average 81 months sooner than patent expiry, according to a new analysis conducted for the Generic Pharmaceutical Association (GPhA) by the IMS Institute for Healthcare Informatics. An additional $61.7 billion will be saved if the current...

2013-03-25 12:27:09

New White Paper from Paul Bender questions parallel legislative efforts in the Senate WASHINGTON, March 25, 2013 /PRNewswire-USNewswire/ -- On the day the U.S. Supreme Court hears oral arguments in FTC v. Actavis, a case that challenges the rights of brand-name and generic drug manufacturers to settle patent litigation out of court, Paul Bender, who served as Principal Deputy Solicitor General under President Bill Clinton, has released a new white paper on the topic. Bender,...

2012-08-02 06:24:20

Savings Reached $193 Billion in 2011, a Rate of $1 Billion Every Other Day WASHINGTON, Aug. 2, 2012 /PRNewswire-USNewswire/ -- The Generic Pharmaceutical Association (GPhA) today released an independently conducted analysis showing that the savings to consumers and the U.S. health care system from the use of generic prescription drugs has risen to a current rate of $1 billion every other day -- totaling $193 billion in 2011 and more than $1 trillion over the last 10 years (2002-2011)....

2012-05-08 06:31:21

"AMCC Rx Drop" Will Direct Users to Safe Rx Disposal Sites WASHINGTON, May 8, 2012 /PRNewswire-USNewswire/ -- The American Medicine Chest Challenge (AMCC), the nation's largest privately funded public health campaign preventing prescription drug abuse, announced today, the release of a mobile app 'AMCC Rx Drop' connecting users to the locations of permanent prescription drug collection boxes for the collection of unused, unwanted, and expired medicine. This free App, sponsored by the...