Authorized generics are brand-name drugs sold under a generic label, playing a strategic role in drug pricing and market competition. As patents expire on high-revenue drugs, their use is shifting toward faster market entry and domestic production.
Read moreGeneric drugs save the U.S. healthcare system over $300 billion a year, but brand manufacturers face revenue crashes when patents expire. This is how the economic battle between generics and brands is reshaping the pharmaceutical industry.
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