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 Where: http://www.videonewswire.com/event.asp?id=58424 How: Live over the Internet -- Simply log on to the web at the address above. 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|
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