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Mylan Applauds Study Highlighting $931 Billion in Savings for U.S. Health Care System Due to Generic Drugs
Date:9/22/2011

fesaving treatments – treatments out of reach to many who cannot afford the tens and even hundreds of thousands of dollars a year in current costs. However, the statutory framework passed last year to bring consumers access to biogenerics has not yet resulted in a fully effective approval process.

"Mylan urges the U.S. Food and Drug Administration, the White House and members of Congress to encourage approval of, and earlier access to, interchangeable biogenerics. Without the establishment of a viable biogenerics approval pathway, consumers and payers will not benefit from the significant savings biogenerics can deliver."

The report released by the GPhA on Sept. 21 outlines a series of policy recommendations for the U.S. government. These include:

  • increasing the use of generics by Medicaid and Medicare programs,
  • avoiding a ban on patent litigation settlements,
  • increasing funding to the FDA's Office of Generic Drugs, and
  • creating an approval pathway for biogeneric pharmaceuticals.

Mylan echoes these recommendations as they will help to ensure that millions of Americans can continue to count on a reliable supply of safe, effective and affordable generic prescription drugs.

About Mylan

Mylan Inc. ranks among the leading generic and specialty pharmaceutical companies in the world and provides products to customers in more than 150 countries and territories. The company maintains one of the industry's broadest and highest quality product portfolios supported by a robust product pipeline; operates one of the world's largest active pharmaceutical ingredient manufacturers; and runs a specialty business focused on respiratory, allergy and psychiatric therapies. For more information about Mylan, please visit www.mylan.com. For more information about generic drugs, please visit

SOURCE Mylan Inc.
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