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Identifying marks

Identifying marks: advances in marking, coding, and inspection technology have led to new anticounterfeiting tools for drug makers trying to protect products that are in pill formSolid dosage form manufacturers have long relied on shape and color as well as on-pill imprints of

Get Your Wonder Drugs!

Get Your Wonder Drugs!: But do you know what it takes to produce them? - high costs of drug research and developmentHarry Howard almost made the biggest blunder of his life when he tossed the building blocks of a wonder drug

Generic makers are

Generic makers are seeing promise in field of biotech engineering - Generic drugs: special reportGeneric drug makers are knocking on a door that never has been opened. With a strong undercurrent

Drug Bust: Killing the

Drug Bust: Killing the golden goose - pharmaceutical price controls - Industry OverviewIn an unprecedented series of 60-second radio spots in Michigan last fall, the head of Pfizer's Ann

The empire strikes back: innovators releasing generic drugs

The empire strikes back: innovators releasing generic drugsA new study confirms the trend toward innovator pharmaceutical companies switching their brand names to generics as they come off patent.

The report, "Combating Generics: Pharmaceutical Brand Defense" released last week by Cutting Edge Information (Durham, NC, www.cuttingedgeinfo.com), notes that most innovator companies hold off making the move until a generic company announces its intentions to enter the market. The innovator then switches into high gear to reach the market first, taking advantage of its existing resources to fix the generic drug's price and claim a portion of generic revenues. According to the report, generic drug prescriptions constitute 50% of all US drug prescriptions.

Cutting Edge reports that "in the next five years, participating companies will expose an average $541.7 million in aggregate revenue to generics competitors."

"If a pharmaceutical company's generic subsidiary can be first-to-market, the company essentially retains devalued market share for its off-patent drug," states Ion Hess, senior analyst for Cutting Edge Information in the company's statement. "With patents for drugs such as Prevacid and Zoloft set to expire in July and December 2005, respectively, generic drug makers stand poised to enter the market with competitive generic products. It will be interesting to see which generic defense strategies these brands utilize."