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Webcast Alert: Release of Economic Analysis Revealing $734 Billion in Savings Produced by Using Generic Medicines in 1999 - 2008

ARLINGTON, Va., May 7 /PRNewswire/ -- The Generic Pharmaceutical Association (GPhA) will discuss the results of an independent analysis commissioned from IMS Health, the leading healthcare market intelligence company, revealing that generic pharmaceutical utilization has contributed $734 billion in savings to the American health care system in the last decade.

    What:    New Economic Analysis Reveals Extraordinary Savings of $734
             Billion Produced by Using Generic Medicines (1999-2008)

    When:    Thursday, May 7, 2009 at 10 am EDT


    How:     Live over the Internet -- Simply log on to the web at the address

    Call In
    for Q&A: 1-800-860-2442    Passcode: GPHA Call

GPhA represents the manufacturers and distributors of finished generic pharmaceuticals, manufacturers and distributors of bulk pharmaceutical chemicals, and suppliers of other goods and services to the generic industry. Generic pharmaceuticals filled 69% of prescriptions dispensed last year in the U.S. but consumed just 16% of the total drug spending.

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SOURCE Generic Pharmaceutical Association
Copyright©2009 PR Newswire.
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