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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016 Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) |
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| Paper Title: | Indian Scenario Of Generic Medicine |
| Authors Name: | Ravindra S. Kandekar , Ravindra U. Dhokare , Purva B. Karkande , Rajashri S. Gadhave , Sampat Bangar |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJNRD_209952
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| Published Paper Id: | IJNRD2311342 |
| Published In: | Volume 8 Issue 11, November-2023 |
| DOI: | |
| Abstract: | This abstract discusses the background and evolution of generic drugs in the United States, focusing on the regulatory framework and the impact of the Hatch-Waxman Act. The research problem addressed is the need to understand the development and approval process of generic drugs, as well as their potential cost savings and implications for public health. The aim of the study is to provide a comprehensive overview of the history, regulations, and benefits of generic drugs. The methodology involves a review of the legislative history, regulations, and approval process for generic drugs, as well as an analysis of the cost savings associated with their use. The context of the study is the United States healthcare system and pharmaceutical industry. The results highlight the significance of the Hatch- Waxman Act in promoting the manufacture of generic drugs and the cost-effectiveness of generic medicines, which are typically 30%–80% cheaper than brand-name equivalents. The implications of the study are that generic drugs offer substantial savings in drug expenditure and contribute to greater accessibility to essential medications. |
| Keywords: | Generic drugs, Hatch-Waxman Act, regulatory framework, cost savings, pharmaceutical industry, drug expenditure, public health |
| Cite Article: | "Indian Scenario Of Generic Medicine", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 11, page no.d402-d411, November-2023, Available :http://www.ijnrd.org/papers/IJNRD2311342.pdf |
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| ISSN: |
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID:IJNRD2311342 Registration ID: 209952 Published In: Volume 8 Issue 11, November-2023 DOI (Digital Object Identifier): Page No: d402-d411 Country: Ahmednagar , Maharashtra , India Research Area: Pharmacy Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2311342 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2311342 |
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ISSN: 2456-4184
Impact Factor: 8.76 and ISSN APPROVED
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