Discover and read the best of Twitter Threads about #GENERICS

Most recents (7)

#AgeOfDeception: “#Washington is filled with politicians and organizations that hyperventilate about government #debt and the burden it imposes on our children, but they ignore the burdens imposed by #patent and #copyright monopolies granted by the government.” Image
“Suppose that we were spending another $50 billion a year on medical #research in order to replace #patent supported research, and all the findings were placed in the #public domain so that all #drugs were sold as #generics. ...
... The annual #deficit would be $50 billion higher due to the additional spending on research, but we would save $380 billion a year on drugs due to generic pricing.”
Read 5 tweets
#PLISCHEME #GOI
Approves for 10 sectors On Nov 11
Pharma,Auto,Auto components Telecom,Advanced chemistry cell battery,textile,food products,solar modules,white goods,speciality steel

Aim - make India mfts globally competitive,enhance scale,increase exports,attract investment
Pli scheme aimed to reduce dependence on China,give incentive on products mftd in India, increase employment by focusing on labor intensive industries like mobile equipment,#pharma,medical devices
In March #goi made 53 drugs eligible for pli worth 6940cr ,benefit 136 mftg units
14000 cr package incentivise #API production & medical devices mfg
3240 cr to promote medical devices mft
Pli for electronics & mobiles,incentives of 4-6% to mft mobiles & other electrical components such as transistors,diodes,resistors etc
#Telecom #mobile #Nifty #sensex
Read 10 tweets
A tweet thread on AYUSH.
I think these traditional medicine systems are here to stay. They are of course pure junk, totally unscientific, snake-oil, voodoo medicine.. call it whatever pejorative term you like.. but they are here to stay.
Why are they here to stay?
Well they are here to stay quite simply because many many people have faith in them. The source of this faith and whether it is faith backed by research is debatable but the fact is people have faith in them. Mainly upper caste Hindus when it comes to Ayurveda,
But homeopathy, Unani and Siddha have their own adherents.China is promoting its #TCM - traditional Chinese medicine and the English speaking world has its #AlternativeMedicine movement. On TCM see: economist.com/leaders/2017/0…
Read 11 tweets
“I’m so grateful for #Gleevec. It keeps me alive. But the price tag ($10k/month) constantly hangs over my head.”
"When I'm on Enbrel, I don't have symptoms... But I also have to carry the fear knowing all this could be ripped away." Enbrel is priced at $6k per month.
First up: autoimmune drug Enbrel. Even though the primary patent on Enbrel expired in 2010, $AMGN has filed more than 50 additional patents on the drug to thwart cheaper competition, according to analysis by @IMAKglobal (1/) statnews.com/2020/09/29/dru…
Read 45 tweets
Lawyers for special committee to 's board: "In the end, while we did not find that anyone engaged in conduct that violated the law, the manner in which the options grants were awarded was sub-optimal in a number of respects." kodak.com/content/produc… #pharma #biotech
PR: Kodak Comments on Completion of Special Committee Independent Review kodak.com/en/company/pre… #pharma #biotech #generics
More from : Kodak Special Committee Announces Conclusion of Independent Review kodak.com/en/company/pre… #pharma #biotech #generics
Read 3 tweets
It's a pity that a good number of DOCTORS don't really know much about Generic Drugs.

All they think is, different pharmaceutical companies, different effectiveness, and even challenge PHARMACISTS as if they have upto 50% knowledge about the pharmacology of drugs

1/c Image
compared to Pharmacists.

Unless the drug is Fake, MOST #GENERICS (& even MOST branded products) are same effectiveness (95-100%).

If a doctor prescribes a #BRANDED PRODUCT & the pharmacy doesn't have it, they simply tell the clients/Patients the best generics available.

2/cont
So it's for them to source it somewhere else or go back to the doctor.

But if it's a GENERIC PRODUCT, the Pharmacist has the right to change it to another GENERIC, "ONLY if the INITIAL DRUG is not available"

The Pharmacist will educate the Client/Patient about the change.

3/c
Read 16 tweets
The long #thread on How #China became global #antiobiotic supplier and it's effect on US. #penicillin #vitamins #generics #USFDA #chloramphenicol #WhiteHouse (1/22)
During the Civil War, #MaoZedong had seen his troops fell in large numbers by diseases like dysentery, which was fatal when penicillin was unavailable.

history.state.gov/milestones/194…

2/22.
North #China became the centerpiece of Chinese government’s larger, state-directed plan for self reliance on Chinese #antibiotics.

3/22.
Read 25 tweets

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