FDA’s Workplace of Generic Medicine issued their 2022 Annual Report. Generic medicine play a significant position in saving sufferers and payers cash. To offer an instance, pregabalin capsules price $450 for a 30-day provide through the finish of its market exclusivity interval, however priced dropped to $23 (a 95% lower) through the first 12 months after generic entry. For this drug alone, financial savings to the healthcare system was $6.6 billion. skilled a 95% worth discount through the first 12 months of generic gross sales.
In 2022, the Workplace of Generic Medicine authorised 106 first generic medicine. Under are some highlights from the report.