The US Food and Drug Administration (FDA) on Thursday finalized guidance on information regarding what companies need to self-identify as a producer of generic drugs and what information they must ...

An authorized generic is a brand manufacturer’s drug marketed as a generic product. It is the first traditional generic entrant’s only potential competition during the 180-day generic exclusivity ...

Canada has approved its first generic versions of Novo Nordisk A/S’s Ozempic, paving the way for cheaper access to the popular diabetes drugs.

Canada has approved its first generic versions of the blockbuster diabetes drug Ozempic, marking a key milestone in the global race to make GLP-1 therapies more affordable. The country's regulator, ...

Forbes contributors publish independent expert analyses and insights. The U.S. spent $722.5 billion on pharmaceuticals in 2023. Although brand-name drugs consume four out of every 5 dollars America ...

“Generic drugs provide additional treatment options which are generally more affordable for patients. Today’s approval underscores the FDA’s continued commitment to advancing patient access to safe, ...

Generic drug repurposing is an underused but promising tool for finding new, affordable therapies. Creating a pull incentive can spur developers to finally explore the untapped potential in these ...