Indian Scenario Of Generic Medicine

Indian Scenario Of Generic Medicine

Registration ID: IJNRD_209952

Published ID: IJNRD2311342

DOI: Click Here to Get

Ravindra S. Kandekar , Ravindra U. Dhokare , Purva B. Karkande , Rajashri S. Gadhave , Sampat Bangar

Generic drugs, Hatch-Waxman Act, regulatory framework, cost savings, pharmaceutical industry, drug expenditure, public health

This abstract discusses the background and evolution of generic drugs in the United States, focusing on the regulatory framework and the impact of the Hatch-Waxman Act. The research problem addressed is the need to understand the development and approval process of generic drugs, as well as their potential cost savings and implications for public health. The aim of the study is to provide a comprehensive overview of the history, regulations, and benefits of generic drugs. The methodology involves a review of the legislative history, regulations, and approval process for generic drugs, as well as an analysis of the cost savings associated with their use. The context of the study is the United States healthcare system and pharmaceutical industry. The results highlight the significance of the Hatch- Waxman Act in promoting the manufacture of generic drugs and the cost-effectiveness of generic medicines, which are typically 30%–80% cheaper than brand-name equivalents. The implications of the study are that generic drugs offer substantial savings in drug expenditure and contribute to greater accessibility to essential medications.

Published Paper   E-Certificate

"Indian Scenario Of Generic Medicine", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.8, Issue 11, page no.d402-d411, November-2023, Available :https://ijnrd.org/papers/IJNRD2311342.pdf

Volume 8 Issue 11, November-2023

Pages : d402-d411

Paper Reg. ID: IJNRD_209952

Published Paper Id: IJNRD2311342

Downloads: 000121205

Research Area: Pharmacy

Country: Ahmednagar , Maharashtra , India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2311342.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2311342

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Publisher: IJNRD (IJ Publication) Janvi Wave

This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition

Call For Paper - Volume 10 | Issue 8 | August 2025

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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (IJNRD) aims to explore advances in research pertaining to applied, theoretical and experimental Technological studies. The goal is to promote scientific information interchange between researchers, developers, engineers, students, and practitioners working in and around the world. IJNRD will provide an opportunity for practitioners and educators of engineering field to exchange research evidence, models of best practice and innovative ideas.

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