Generic drugs

Although most rev­enue in the phar­ma­ceu­ti­cal indus­try is gen­er­at­ed by major brand­ed med­i­cines and prod­ucts, sales of gener­ic drugs have con­tin­ued to grow. Indeed, in some Euro­pean coun­tries, gener­ics account for a sig­nif­i­cant share of the pre­scrip­tion drugs mar­ket. While there are many rea­sons to be thank­ful for the inno­va­tion in big phar­ma, gener­ics have been prov­ing invalu­able in terms of both afford­abil­i­ty and avail­abil­i­ty