Tag: generics
Generic medicine hits an all-time-high in SA
Based on the recently released Mediscor Medicines Review, generic use has hit a record high of 60% compared to a low 35% just over a decade ago.
Erik Roos, CEO...
Anti-competitive practice of pseudo-generics continue to drive up SA medicine prices
South African consumers continue to pay more for medication long past the expiry of a patent, as a result of the increasing occurrence of pseudo-generics in the South African pharma marketplace.
This...
Pharma forecast: 2017 a big year for generics
Amid last year’s unprecedented economic challenges of a weakening rand, fluctuating oil prices and threats of a downgrade by numerous rating agencies, the SA pharmaceutical industry continues to weather the storm,...
SA Pharma still attractive for foreign investors
South Africa may have fallen out of favour with many foreign investors, but Indian investor, Lupin – a transnational pharmaceutical company that is currently the 7th largest global generics player and the 5th largest...