Video Digest: Canadian and US Generic Drugs Videos on Youtube
So who told you that generic drugs is all about fake and counterfeit products? The topic of generic drugs is covered by individual bloggers and CBS-caliber channels. Every week we gather the most nutty videos from the web, and this time we are starting with YouTube; from hot news, FAQs to major events of today and past. So let’s roll.
Are generic drugs being delayed to market?
This video reveals the story of Mr.Winkler and her multiple sclerosis story. The video reveals the disastrous impact of the disease on the daily live of a 46-years old mother of 3 kids. The panacea for the disease exists – a costly Provigil medication, the original drug that helps fight the symptoms of the disease. That’s the only drug available on the market with the minimum side effects. Provigil is expected to go generic, potentially saving around $1,000 of a family budget. The price for the original drug has almost doubled since 2003 and the negative tendency seems to have no ending. A generic drug is, perhaps, the only way out for many…
What’s keeping less expensive versions of biologic drugs off the U.S. market?
Philip DeLuca is enjoying retirement after working decade on the Long Island Railroad. A 71-year-old stays busy with this 10 grandkids, for but lately it’s been difficult to keep with things. Now his energy is not enough for the things he did 10-12 years ago. Patricia Deluca, his wife, says he became more tired, more frustrated with not being able to do the things he normally could do. Deluca found out his bone marrow wasn’t producing enough normal blood cells and if the levels hit critical marks, it could be life-threatening. The doctor gave DeLuca two choices blood transfusions for medication that would boost his red blood cell count. And he chose the medication. Procrit is known as a biologic relatively young and revolutionary class of drugs and it has much to do with generics…
Pharmaceutical companies fight against generic drugs
The analytics say Canadians spend more than $27 billion in 2011 on prescription drugs. Insurance companies are increasingly turning to cheaper generic drugs to try to keep cost down but the data obtained by global news suggests efforts to switch to generics are being thwarted by brand-name drug manufacturers marketing campaigns that target doctors directly. Drug companies tend to prescribe means and Canadian doctors are doing it. Doctors tend to prescribe brand-name drugs when virtually identical less expensive generic versions are available. There’s a point of view that doctors are too influenced by huge companies’ sales people…
Brand vs Generic drugs
Is it safe to switch between the brand-name drug and generic drugs? The answer is yes… with a but. This video explains why say yes and why there’s a but. So the story begins when the company invents the drug – they sell it for an expensive price to cover for the research and advertisements they have done. And they can call give this drug any brand-name they want: Canadian Cialis, Chill Pill… just anything they want. 20 years later when the license expires companies can manufacture the same drug and don’t pay for any advertisements or nearly as much research. So according to the dark price competition and patent term restoration act of 1984 the company making the generic drugs must show that their generic is bioequivalent to the brand-name…
Generic drugs threatened in India
The MSFTV video reveals the legal conflict between Novatris and Indian government. The precedent was the anti-cancer drug development by Novatris. In aspiration to protect its patent rights the company has pushed legal claims towards Indian govs to de-facto restrict the production of generic drugs. The video covers the period just before the court decision was made. A controversial case that has been considered for over 7 years has changed things in the world of generic drugs…
