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The Coming of Biotech Generic Pharmaceuticals

CHICAGO In a column last year, I commented on the growing generic pharmaceuticals business in the U.S. and around the world. Generic pharmaceuticals are not only big business but will continue to get even bigger. There are a couple reasons why:

1) Numerous drug patents expiring over the next couple years.

2) The increased concern in the U.S. about rising drug pri......

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Second, the actual final manufacturing isnt easy and requires special care. Most of these products are injectables as few if any protein-based drugs can be administered orally. They do not successfully survive the transition through the stomach in order to release a therapeutic effect in the gastrointestinal tract.

So what is at stake here? The answer is a lot! Biotech drug......

Full article >>> t, most cancers are still incurable and only a few types of cancer (testicular cancer and some types of leukemias) are curable. Existing therapy only has marginal effect. There is plenty of room here for therapeutic improvement particularly considering there are more than 1 million new cases of cancer in the U.S. alone each year.

2) The FDA has recognized this dilemma and has prov......

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Unfortunately, the NCI today is a very large bureaucracy whose goal is the discovery and development of new therapies but not the commercialization of such therapy. As such, the NCI process is very slow.

Given the NCIs role in developing and funding the early stage development of many cancer drugs and the governments concern about the rising cost of medicines, it is ......

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'"/> By Michael Rosen 01/26/04

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