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Prevalence of Generic Subsidiaries to Increase 75% by 2010
| Source: Cutting Edge Information
RESEARCH TRIANGLE PARK, NC--(Marketwire - February 5, 2008) - Over the next two to three
years, the number of brand-owned generic subsidiaries is expected to grow
by 75%, according a recent study released by industry leader Cutting Edge
Information. The study, which examines options for protecting brand
products against generics, is located at: http://www.PharmaGenerics.com.
"In the past, generic subsidiaries have typically been limited to only the
biggest industry players, but now smaller companies are venturing into the
area as well," says Eric Bolesh, research team leader at Cutting Edge
Information. "Companies that previously stayed away from the generics
market are stepping up to bat."
Although generic subsidiaries are still less prominent than scientific
options, such as new formulations and next generation products, their wide
adoption represents a new step for the pharmaceutical industry. Authorized
generics, as well, are expected to become more widely embraced: the study
predicts that their use will increase by 33% by 2010.
Cutting Edge Information's report, "Combating Generics 2008: Counter
Generics Strategy, Planning and Execution," available at
http://www.PharmaGenerics.com, details the present and planned future usage
of a dozen generics strategies and examines other counter-generics activity
at more than 30 different companies. Data detail investment levels,
planning and implementation timelines and the prominence of different tools
and tactics in the fight against generics. The report's findings also
explore case studies and the experiences of real-world brand teams.
Download a free summary of this 159-page report at:
http://www.cuttingedgeinfo.com/pharmagenerics/PH105_Download.asp#body.