The FDA's new First Generics
Policy has evoked a positive
response from leaders of
the generic drug industry, who
are predicting that the action
will speed the marketing of
lower-cost prescription medicines.
"Ensuring that at least
one generic medicine will be
available to consumers when
a brand's patent expires is
good news for consumers,"
officials at the Generic Pharmaceutical
Association (GPhA)
said.
Because of the FDA's action,
"consumers will have more
timely access to safe, effective,
and affordable generic medicines,"
GPhA said. "By making
generics more accessible, [the]
FDA is saving consumers and
our entire health care system
millions of dollars."