IQVIA Predicts Biosimilar, Generic Competition Will Cost Originators $192 Billion by 2028
January 19th 2024According to the most recent Global Use of Medicine report issued by the IQVIA Institute for Human Data Science, losses for originator products are projected to rise by over $80 billion over the next 5 years due to market introductions of new biosimilar and generic drugs.
Finding Solutions to the Ongoing US Generic Drug Shortage
July 31st 2023The risk of drug shortages is increasing as the long-term sustainability of generic manufacturing faces challenges, including low return on investment because of lowered prices, drug purchasers becoming more concentrated, and new generics facing slow adoption.