Navigation Links
Ranbaxy Commends New IMS Study Which Credits Generic Prescription Drugs With $1 Trillion Savings In U.S. Health Care Costs Over Past 10 Years
Date:8/2/2012

PRINCETON, N.J., Aug. 2, 2012 /PRNewswire/ -- Ranbaxy Pharmaceuticals Inc. (RPI) today acknowledged an important, new study released by the Generic Pharmaceutical Association (GPhA) which further demonstrates the vital role played by the generic pharmaceutical industry in lowering prescription costs for consumers and the U.S. health care system.

The fourth annual Generic Drug Savings study reveals remarkable reductions in healthcare costs over the past 10 years (from 2002 to 2011). The research—conducted by the IMS Institute for Healthcare Informatics, the leading provider of market intelligence to the pharmaceutical and health care industries for over 55 years—reveals a $1 trillion savings to consumers, patients and the U.S. health care system due to the use of generic prescription drugs. The study found that in 2011 alone, the use of generic drugs in place of their branded counterparts generated nearly $193 billion in savings, an average of $1 billion every other day.

"We are proud of Ranbaxy's contribution to such a considerable record of savings for consumers and reduction in U.S. health care costs," said Venkat Krishnan, Senior Vice President and Regional Director – Americas.  "Through the diligent work of employees in every division of our company, Ranbaxy is committed to providing patients across the country with affordable and accessible, safe and effective generic prescription drugs that enhance their health and well-being."

He added, "Today, thousands of generic drugs are available in the U.S., and all are manufactured and inspected under the same strict guidelines as brand name drugs.  With every prescription filled (some 80 percent of all prescriptions written in 2011), patients taking generics receive the same medicine, with the same quality and result, but at a much lower cost. We are happy to be a part of the solution to the problem of escalating costs facing the U.S. health care system."

Acco
'/>"/>

SOURCE Ranbaxy Pharmaceuticals Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2

Related medicine technology :

1. Ranbaxy Announces U.S. FDA Approval of CIP-Isotretinoin NDA
2. ACEP Commends Congress For Passing Legislation That Addresses Drug Shortages As Well As "Bath Salts"
3. Boston Scientific Commends Congress on Passage of Bill Reauthorizing Medical Device User Fees
4. Pew Commends U.S. Congress for Passing FDA User Fee Legislation
5. AdvaMed Commends House Progress on Repealing Medical Device Tax
6. In Pilot Study, a Peptide Controls Blood Sugar in People with Congenital Hyperinsulinism
7. Concordia Study Indicates Obesity is Becoming the Nations Top Health Issue
8. Vermillion Announces Positive Top-Line Results from the OVA500 Multi-Center Study Led by UC Irvine
9. French Government Agrees to Fund Study of the PneumRx RePneu Lung Volume Reduction Coil
10. Gentris Corporation Announces Collaboration to Study Blood Stability
11. New Study Reveals Wide Variation in Blood Transfusion Practices During Surgery
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/28/2014)... HILDEN , Germany ... 2014 , ... Begleitdiagnostikums, das auf Basis genomischer Daten aus Plasmaproben ... mit nicht-kleinzelligem Lungenkrebs eingesetzt werden kann  ... zugelassenem  therascreen   EGFR Kit und soll auf Rotor-Gene ...
(Date:7/28/2014)... and LONDON , July ... Collaboration aims to create and commercialize companion diagnostic using ... of IRESSA  for non-small cell lung cancer patients  ... therascreen   EGFR test and is planned to run on Rotor-Gene Q, ... Project enabled by AstraZeneca master framework agreement adds ...
(Date:7/28/2014)... -- CTI BioPharma Corp. (CTI) (NASDAQ and MTA: CTIC) ... 2014 financial results on Monday, August 4, 2014, after ... announcement, members of the management team will host a ... a general corporate update at 4:30 p.m. EDT (1:30 ... as follows: Monday, August 4 1:30 ...
Breaking Medicine Technology:QIAGEN und AstraZeneca entwickeln Begleittest auf Basis von Flüssigbiopsien zur erweiterten Bestimmung von EGFR-Mutationen bei Lungenkrebspatienten 2QIAGEN und AstraZeneca entwickeln Begleittest auf Basis von Flüssigbiopsien zur erweiterten Bestimmung von EGFR-Mutationen bei Lungenkrebspatienten 3QIAGEN und AstraZeneca entwickeln Begleittest auf Basis von Flüssigbiopsien zur erweiterten Bestimmung von EGFR-Mutationen bei Lungenkrebspatienten 4QIAGEN und AstraZeneca entwickeln Begleittest auf Basis von Flüssigbiopsien zur erweiterten Bestimmung von EGFR-Mutationen bei Lungenkrebspatienten 5QIAGEN und AstraZeneca entwickeln Begleittest auf Basis von Flüssigbiopsien zur erweiterten Bestimmung von EGFR-Mutationen bei Lungenkrebspatienten 6QIAGEN und AstraZeneca entwickeln Begleittest auf Basis von Flüssigbiopsien zur erweiterten Bestimmung von EGFR-Mutationen bei Lungenkrebspatienten 7QIAGEN and AstraZeneca Collaborate to Develop Liquid Biopsy-Based Companion Diagnostic to Advance EGFR Mutation Profiling in Lung Cancer Patients 2QIAGEN and AstraZeneca Collaborate to Develop Liquid Biopsy-Based Companion Diagnostic to Advance EGFR Mutation Profiling in Lung Cancer Patients 3QIAGEN and AstraZeneca Collaborate to Develop Liquid Biopsy-Based Companion Diagnostic to Advance EGFR Mutation Profiling in Lung Cancer Patients 4QIAGEN and AstraZeneca Collaborate to Develop Liquid Biopsy-Based Companion Diagnostic to Advance EGFR Mutation Profiling in Lung Cancer Patients 5QIAGEN and AstraZeneca Collaborate to Develop Liquid Biopsy-Based Companion Diagnostic to Advance EGFR Mutation Profiling in Lung Cancer Patients 6CTI BioPharma to Report Second Quarter 2014 Financial Results on August 4, 2014 2
... 2007 - Cytogen,Corporation (NASDAQ: CYTO) reported updated ... evaluating QUADRAMET(R) (samarium Sm-153,lexidronam injection) in combination ... with relapsed,multiple myeloma. Data from 33 patients ... 1 Trial of Bortezomib (Vel) and Samarium,(Sam) ...
... achieved with VELCADE, lenalidomide,and dexamethasone , ,KOS, ... (Nasdaq: MLNM) today reported on the,presentation of ... based,therapies that showed consistently high survival and ... newly diagnosed,multiple myeloma (MM) patients. These data ...
Cached Medicine Technology:Cytogen Presents Phase 1 Data Showing Promising Antitumor Activity,and Safety Profile of Quadramet at International Myeloma Workshop 2Cytogen Presents Phase 1 Data Showing Promising Antitumor Activity,and Safety Profile of Quadramet at International Myeloma Workshop 3Cytogen Presents Phase 1 Data Showing Promising Antitumor Activity,and Safety Profile of Quadramet at International Myeloma Workshop 4Cytogen Presents Phase 1 Data Showing Promising Antitumor Activity,and Safety Profile of Quadramet at International Myeloma Workshop 5Cytogen Presents Phase 1 Data Showing Promising Antitumor Activity,and Safety Profile of Quadramet at International Myeloma Workshop 6Cytogen Presents Phase 1 Data Showing Promising Antitumor Activity,and Safety Profile of Quadramet at International Myeloma Workshop 7Cytogen Presents Phase 1 Data Showing Promising Antitumor Activity,and Safety Profile of Quadramet at International Myeloma Workshop 8Velcade (bortezomib) for Injection Based Therapies Achieved,Survival Rates as High as 100 Percent in Newly Diagnosed Multiple,Myeloma Patients 2Velcade (bortezomib) for Injection Based Therapies Achieved,Survival Rates as High as 100 Percent in Newly Diagnosed Multiple,Myeloma Patients 3Velcade (bortezomib) for Injection Based Therapies Achieved,Survival Rates as High as 100 Percent in Newly Diagnosed Multiple,Myeloma Patients 4Velcade (bortezomib) for Injection Based Therapies Achieved,Survival Rates as High as 100 Percent in Newly Diagnosed Multiple,Myeloma Patients 5Velcade (bortezomib) for Injection Based Therapies Achieved,Survival Rates as High as 100 Percent in Newly Diagnosed Multiple,Myeloma Patients 6Velcade (bortezomib) for Injection Based Therapies Achieved,Survival Rates as High as 100 Percent in Newly Diagnosed Multiple,Myeloma Patients 7Velcade (bortezomib) for Injection Based Therapies Achieved,Survival Rates as High as 100 Percent in Newly Diagnosed Multiple,Myeloma Patients 8
(Date:7/28/2014)... A new study has found that following a healthy ... the metabolic syndrome. Published early online in CANCER ... the findings indicate that children with cancer and adults ... information about how their lifestyle may influence their long-term ... are known to be at increased risk for the ...
(Date:7/28/2014)... July 28, 2014 According to the Greek ... is a comprehensive fitness guide that teaches men how to ... , Vkool reveals in its review that inside the ... Ways to gain the maximum muscle fiber ... build muscle and avoid fat gain , Ways ...
(Date:7/28/2014)... TherapySites, the leading website and ... its affiliation with the Illinois Association for Marriage ... TherapySites to continue to extend their online marketing solutions ... , “There has been a fundamental shift in the ... 3 billion Internet users, it is so important to ...
(Date:7/28/2014)... 2014 CW4K was among those invited ... Obama and Partnership for a Healthier America ... the group's DrinkUP effort, which encourages people ... , The seven organizations added included Brita®, First ... S’well Bottle, Santa Clara Valley Water District and The ...
(Date:7/28/2014)... CA (PRWEB) July 28, 2014 Footwear ... gorgeous shoes styles from Mephisto. With shoes, sandals, and ... years, Mephisto products continually provide handmade comfort shoes ... men and women have come to rely on the ... , Mephisto shoes and sandals contain the highest ...
Breaking Medicine News(10 mins):Health News:Lifestyle choices may affect the long-term heart health of childhood cancer survivors 2Health News:Greek God Muscle Building Program Review Exposes Greg O’Gallagher's Muscle Building Guide for Men – Vkool.com 2Health News:Greek God Muscle Building Program Review Exposes Greg O’Gallagher's Muscle Building Guide for Men – Vkool.com 3Health News:TherapySites (Websites for Therapists) Partners with the Illinois Association for Marriage and Family Therapy 2Health News:CannedWater4Kids (CW4K) Among Those Invited to the White House to Support First Lady Michelle Obama in Welcoming Seven New Organizations to DrinkUP 2Health News:CannedWater4Kids (CW4K) Among Those Invited to the White House to Support First Lady Michelle Obama in Welcoming Seven New Organizations to DrinkUP 3Health News:Footwear etc. Highlights Phenomenal Models of Mephisto Shoes 2Health News:Footwear etc. Highlights Phenomenal Models of Mephisto Shoes 3
... breast cancer test, which could save several women from needless ... core needle biopsy to sample suspect breast tissue for microscopic ... of gene patterns in the sample. This may help in ... test has very little proof. ,Till date, the ...
... or MRSA, a type of bacteria resistant to treatment, is ... direct contact and can spark off skin infections in normal ... to be dormant in nearly 2.3 million Americans with no ... crucial to identify the carriers of the illness and treat ...
... began a two-day meeting here Sunday over ways to ... region. ,Bangladesh Prime Minister Khaleda Zia inaugurated ... enduring cooperation in the region to make healthcare available ... ways to make more efficient use of whatever resources ...
... throng the Mahim beach to drink sweet seawater for ... against drinking// the polluted water. ,Scientists clarified ... natural phenomenon of dilution. ,"Dilution is a ... during the southwest monsoon and occurs when rainwater borne ...
... of robotic technology and auditory signals.// ,Finding ... to before will be quite tough. Then you can ... people. System for Wearable Audio Navigation (SWAN) is designed ... find their way in unknown territory, particularly when vision ...
... would seek help from pharmacies in order to screen patients ... said that the current scheme in which the ministry's hospitals ... buy drugs at pharmacies. ,"Pharmacists at the drugstores ... If they are found to have contacted sick or dead ...
Cached Medicine News:Health News:Novel test for diagnosis of breast cancer 2Health News:Maharashtra warns against Mahim's 'miracle' water 2Health News:SWAN system for navigation 2Health News:SWAN system for navigation 3Health News:SWAN system for navigation 4
The new Inferior Medial Orbital Rim Implant (IMORI) provides surgeons with an excellent alternative for patients with a deficient or recessed "tear trough" area often characterized as a look of fatig...
Flattened points in vertical plane, straight shafts, cross action, round handle....
Phaco chopper delicate rounded tip....
Karate chopper, spear shaped for ease of insertion into the nucleus....
Medicine Products: