Generic Formulations Rule the Roost in 2008 Prescriptions

[This article posted on December 5, 2008. It is posted within the following categories: Pharma & Devices, via Michael Douglas, MD, MBA.]

It’s been said by many a healthcare policy wonk this year: 2008 is the year of the generic drug.  You don’t need to go any further to see evidence of this crystal clear assessment.  Widespread adoption of a generic formulary in many Medicare Part D plans leads the charge in the raw numbers of prescriptions written this year by providers.  Even outsourcing figures into the enormity of this country’s supply of generics. India leads a list of low-cost worldwide suppliers.  Of course, the issue of drug contamination cannot be ignored. | LINK

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