logging in or signing up Generic Drugs - What You Want to Know About Generic Drugs Maulik1981 Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 163 Category: Entertainment License: All Rights Reserved Like it (0) Dislike it (0) Added: September 02, 2011 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript What You Want to Know About Generic Drugs: What You Want to Know About Generic Drugs Generic Drugs: Safe. Effective. FDA-Approved.What do you want to know about ALL the medicines you use…. brand-name and generic?: What do you want to know about ALL the medicines you use…. brand-name and generic? safe and effective affordable and available use with confidenceMyths about Generic Drugs: Myths about Generic Drugs Generics…are not as safe Generics…are not as potent Generics…take longer to act in the body Generics…are made in sub-standard facilitiesWhat You Want to Know About Generic Drugs: What You Want to Know About Generic Drugs I. How FDA assures that generics: are Safe. Effective. FDA-approved. are an affordable alternative can be used with confidenceWhat You Want to Know About Generic Drugs: What You Want to Know About Generic Drugs How FDA and the administration are working to make more generic medicines available to the American publicWhat You Want to Know About Generic Drugs: What You Want to Know About Generic Drugs Brand-name drug Generic drug supplied by one drug company sold under drug company’s trademarked name may be supplied by more than one company may be sold under active ingredient(s) name(s)What is a generic drug?: What is a generic drug? A copy of a brand-name drug, which must have the: same quality same safety same strengthWhat You Want to Know About Generic Drugs: What You Want to Know About Generic Drugs Both brand name and generics drugs: are approved by the FDA must meet the same FDA standards for qualityGeneric Competition: Generic Competition It is essential to have brand-name and generic drugs available.Generic Competition: Generic Competition helps keep drug costs down encourages research helps keep insurance premiums down saves consumers $8 to $10 billion yearlyPatent Protection: Patent Protection A patent: protects the investment of the drug company that developed the drug (the manufacturer) gives the drug company the sole right to sell the drug while the patent is in effectPatent Protection: Patent Protection When the patents on a brand-name drug near expiration, drug companies that want to manufacture a generic can apply to the FDA to sell a generic version of the drug.Generic Drug Review: Generic Drug Review Much the same as new, brand name drug review 8 major partsGeneric Drug Review: Generic Drug Review FDA-approved generic drugs must have same active ingredient(s) same labeled strength same dosage form same administrationGeneric Drug Review: Generic Drug Review The drug company must show the generic drug is “bioequivalent” to the brand-name drug. active ingredient works in the same way active ingredient works in the same amount of timeGeneric Drug Review: Generic Drug Review The generic drug’s labeling must be basically the same as that of the approved brand-name drug.Generic Drug Review: Generic Drug Review 4. The drug company must: fully document the generic drug’s chemistry, manufacturing steps, and quality control measures detail each step of the processGeneric Drug Review: Generic Drug Review 5. The raw materials and the finished product must meet USP specifications, if these have been set. USP-United States PharmacopeiaGeneric Drug Review: Generic Drug Review The drug company must: show that its generic drug maintains stability as labeled before it can be sold continue to monitor drug’s stabilityGeneric Drug Review: Generic Drug Review The drug company must: comply with federal regulations for current good manufacturing practices give a full description of the facilities it uses to manufacture, process, test, package, label, and control the drugGeneric Drug Review: Generic Drug Review 8. Inspection at the proposed manufacturing site ensures that the firm: is capable of meeting commitments of the application can manufacture the product consistentlyFDA Requirements for Brand-Name and Generic Drugs: Brand Name Drug Generic Drug For reformulations of a brand-name drug or generic versions of a drug, FDA reviews data showing the drug is bioequivalent to the one used in the original safety and efficacy testing. FDA evaluates the manufacturer's adherence to good manufacturing practices before the drug is marketed. FDA reviews the active and inactive ingredients used in the formulation before the drug is marketed. FDA reviews the actual drug product. FDA reviews the drug's labeling. Manufacturer must seek FDA approval before making major manufacturing changes or reformulating the drug. Manufacturer must report adverse reactions and serious adverse health effects to the FDA. FDA periodically inspects manufacturing plants. FDA monitors drug quality after approval. FDA Requirements for Brand-Name and Generic DrugsWhat You Want to Know About Generic Drugs: What You Want to Know About Generic Drugs What the FDA and the administration are doing to make more generic medicines available to the American publicMaking More Generics Available: Making More Generics Available Hatch-Waxman Act, or the Patent Term Restoration Act of 1984 President’s 2003 budget increased FDA’s funding to speed up generic drug reviews (more reviewers, etc.)Making More Generics Available: Making More Generics Available “Improving Access to Generic Drugs” initiative new regulatory processes to reduce time and cost of generic drug approvalsMaking More Generics Available: Making More Generics Available “Improving Access to Generic Drugs” initiative (continued) enhanced public and professional educationMaking More Generics Available: Making More Generics Available “Improving Access to Generic Drugs” initiative (continued) enhanced scientific study of generic drugsMaking More Generics Available: Making More Generics Available C. “Improving Access to Generic Drugs” initiative (continued) enhanced monitoring of the safety of generic drugsBlue Cross Blue Shield of Michigan Billboards: Blue Cross Blue Shield of Michigan BillboardsMaking More Generics Available: Making More Generics Available D. FDA’s generic drug Final Rule, 8-18-03 seeks to close legal loopholes in the Hatch Waxman Act that delay generic drug approvalMaking More Generics Available: Making More Generics Available D. FDA’s generic drug Final Rule, 8-18-03 (continued) implements an FTC recommendation to tighten the patent submission and listing processMaking More Generics Available: Making More Generics Available D. FDA’s generic drug Final Rule, 8-18-03 (continued) clarifies the types of patents that must be submitted to the FDAMaking More Generics Available: Making More Generics Available E. House and Senate passed a bill, “Greater Access to Affordable Pharmaceuticals Act” complements FDA’s final rule. FDA is working with CongressMyths and Facts about Generic Drugs: Myths and Facts about Generic DrugsMyths and Facts about Generic Drugs: Myths and Facts about Generic Drugs MYTH #1 Generics are not as safe as brand-name drugs.Myths and Facts about Generic Drugs: Myths and Facts about Generic Drugs FACT #1 Generics use the same ingredients, and work the same in the body have the same risk-benefit profileMyths and Facts about Generic Drugs: Myths and Facts about Generic Drugs MYTH #2 Generics are not as potent as brand-name drugs.Myths and Facts about Generic Drugs: Myths and Facts about Generic Drugs FACT #2 Generic drugs have the same quality, strength, purity and stability.Myths and Facts about Generic Drugs: Myths and Facts about Generic Drugs MYTH #3 Generics take longer to act in the body.Myths and Facts about Generic Drugs: Myths and Facts about Generic Drugs FACT #3 The generic drug delivers the same amount of active ingredient in the same time as the original drug.Myths and Facts about Generic Drugs: Myths and Facts about Generic Drugs MYTH #4 Brand-name drugs are made in modern manufacturing facilities, and generics are often made in sub-standard facilities.Myths and Facts about Generic Drugs: Myths and Facts about Generic Drugs FACT #4 Sub-standard facilities are not permitted by the FDA.What you want to know about Generic Drugs: What you want to know about Generic Drugs Contact your physician, pharmacist, or insurance company for more information about your generic drugs. 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Generic Drugs - What You Want to Know About Generic Drugs Maulik1981 Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 163 Category: Entertainment License: All Rights Reserved Like it (0) Dislike it (0) Added: September 02, 2011 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript What You Want to Know About Generic Drugs: What You Want to Know About Generic Drugs Generic Drugs: Safe. Effective. FDA-Approved.What do you want to know about ALL the medicines you use…. brand-name and generic?: What do you want to know about ALL the medicines you use…. brand-name and generic? safe and effective affordable and available use with confidenceMyths about Generic Drugs: Myths about Generic Drugs Generics…are not as safe Generics…are not as potent Generics…take longer to act in the body Generics…are made in sub-standard facilitiesWhat You Want to Know About Generic Drugs: What You Want to Know About Generic Drugs I. How FDA assures that generics: are Safe. Effective. FDA-approved. are an affordable alternative can be used with confidenceWhat You Want to Know About Generic Drugs: What You Want to Know About Generic Drugs How FDA and the administration are working to make more generic medicines available to the American publicWhat You Want to Know About Generic Drugs: What You Want to Know About Generic Drugs Brand-name drug Generic drug supplied by one drug company sold under drug company’s trademarked name may be supplied by more than one company may be sold under active ingredient(s) name(s)What is a generic drug?: What is a generic drug? A copy of a brand-name drug, which must have the: same quality same safety same strengthWhat You Want to Know About Generic Drugs: What You Want to Know About Generic Drugs Both brand name and generics drugs: are approved by the FDA must meet the same FDA standards for qualityGeneric Competition: Generic Competition It is essential to have brand-name and generic drugs available.Generic Competition: Generic Competition helps keep drug costs down encourages research helps keep insurance premiums down saves consumers $8 to $10 billion yearlyPatent Protection: Patent Protection A patent: protects the investment of the drug company that developed the drug (the manufacturer) gives the drug company the sole right to sell the drug while the patent is in effectPatent Protection: Patent Protection When the patents on a brand-name drug near expiration, drug companies that want to manufacture a generic can apply to the FDA to sell a generic version of the drug.Generic Drug Review: Generic Drug Review Much the same as new, brand name drug review 8 major partsGeneric Drug Review: Generic Drug Review FDA-approved generic drugs must have same active ingredient(s) same labeled strength same dosage form same administrationGeneric Drug Review: Generic Drug Review The drug company must show the generic drug is “bioequivalent” to the brand-name drug. active ingredient works in the same way active ingredient works in the same amount of timeGeneric Drug Review: Generic Drug Review The generic drug’s labeling must be basically the same as that of the approved brand-name drug.Generic Drug Review: Generic Drug Review 4. The drug company must: fully document the generic drug’s chemistry, manufacturing steps, and quality control measures detail each step of the processGeneric Drug Review: Generic Drug Review 5. The raw materials and the finished product must meet USP specifications, if these have been set. USP-United States PharmacopeiaGeneric Drug Review: Generic Drug Review The drug company must: show that its generic drug maintains stability as labeled before it can be sold continue to monitor drug’s stabilityGeneric Drug Review: Generic Drug Review The drug company must: comply with federal regulations for current good manufacturing practices give a full description of the facilities it uses to manufacture, process, test, package, label, and control the drugGeneric Drug Review: Generic Drug Review 8. Inspection at the proposed manufacturing site ensures that the firm: is capable of meeting commitments of the application can manufacture the product consistentlyFDA Requirements for Brand-Name and Generic Drugs: Brand Name Drug Generic Drug For reformulations of a brand-name drug or generic versions of a drug, FDA reviews data showing the drug is bioequivalent to the one used in the original safety and efficacy testing. FDA evaluates the manufacturer's adherence to good manufacturing practices before the drug is marketed. FDA reviews the active and inactive ingredients used in the formulation before the drug is marketed. FDA reviews the actual drug product. FDA reviews the drug's labeling. Manufacturer must seek FDA approval before making major manufacturing changes or reformulating the drug. Manufacturer must report adverse reactions and serious adverse health effects to the FDA. FDA periodically inspects manufacturing plants. FDA monitors drug quality after approval. FDA Requirements for Brand-Name and Generic DrugsWhat You Want to Know About Generic Drugs: What You Want to Know About Generic Drugs What the FDA and the administration are doing to make more generic medicines available to the American publicMaking More Generics Available: Making More Generics Available Hatch-Waxman Act, or the Patent Term Restoration Act of 1984 President’s 2003 budget increased FDA’s funding to speed up generic drug reviews (more reviewers, etc.)Making More Generics Available: Making More Generics Available “Improving Access to Generic Drugs” initiative new regulatory processes to reduce time and cost of generic drug approvalsMaking More Generics Available: Making More Generics Available “Improving Access to Generic Drugs” initiative (continued) enhanced public and professional educationMaking More Generics Available: Making More Generics Available “Improving Access to Generic Drugs” initiative (continued) enhanced scientific study of generic drugsMaking More Generics Available: Making More Generics Available C. “Improving Access to Generic Drugs” initiative (continued) enhanced monitoring of the safety of generic drugsBlue Cross Blue Shield of Michigan Billboards: Blue Cross Blue Shield of Michigan BillboardsMaking More Generics Available: Making More Generics Available D. FDA’s generic drug Final Rule, 8-18-03 seeks to close legal loopholes in the Hatch Waxman Act that delay generic drug approvalMaking More Generics Available: Making More Generics Available D. FDA’s generic drug Final Rule, 8-18-03 (continued) implements an FTC recommendation to tighten the patent submission and listing processMaking More Generics Available: Making More Generics Available D. FDA’s generic drug Final Rule, 8-18-03 (continued) clarifies the types of patents that must be submitted to the FDAMaking More Generics Available: Making More Generics Available E. House and Senate passed a bill, “Greater Access to Affordable Pharmaceuticals Act” complements FDA’s final rule. FDA is working with CongressMyths and Facts about Generic Drugs: Myths and Facts about Generic DrugsMyths and Facts about Generic Drugs: Myths and Facts about Generic Drugs MYTH #1 Generics are not as safe as brand-name drugs.Myths and Facts about Generic Drugs: Myths and Facts about Generic Drugs FACT #1 Generics use the same ingredients, and work the same in the body have the same risk-benefit profileMyths and Facts about Generic Drugs: Myths and Facts about Generic Drugs MYTH #2 Generics are not as potent as brand-name drugs.Myths and Facts about Generic Drugs: Myths and Facts about Generic Drugs FACT #2 Generic drugs have the same quality, strength, purity and stability.Myths and Facts about Generic Drugs: Myths and Facts about Generic Drugs MYTH #3 Generics take longer to act in the body.Myths and Facts about Generic Drugs: Myths and Facts about Generic Drugs FACT #3 The generic drug delivers the same amount of active ingredient in the same time as the original drug.Myths and Facts about Generic Drugs: Myths and Facts about Generic Drugs MYTH #4 Brand-name drugs are made in modern manufacturing facilities, and generics are often made in sub-standard facilities.Myths and Facts about Generic Drugs: Myths and Facts about Generic Drugs FACT #4 Sub-standard facilities are not permitted by the FDA.What you want to know about Generic Drugs: What you want to know about Generic Drugs Contact your physician, pharmacist, or insurance company for more information about your generic drugs.