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