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The stalling game: generic drugs.(Industry Overview)
If you or a family member have taken brand-name prescription drugs for such ailments as allergies, anxiety, heartburn, or high blood pressure, you can stop wondering why your bills have been so high. In many cases, cheaper generic equivalents have not made it to the marketplace as early as they could have after expiration of the typical 20-year drug patent.
Our interviews with consumers, federal regulators, and drug manufacturers and their trade groups, and our review of recent Federal Trade Commission (FTC) actions, paint a picture of a pharmaceutical industry busily engaged in stalling the entry of generic drugs to the marketplace. In April, the FTC filed the ...
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