Generics versus Big Pharma

A huge conflict has arisen between companies producing generic, more affordable drugs, and the big pharmaceutical companies. The multi-billion dollar companies from the pharmaceutical industry are claiming to be the holders of intellectual property rights for producing certain drugs. They are putting in their entire might to stop the production of generic drugs as it could cause a serious dent in their deep pockets.

The Big Pharma companies brand the drugs that they produce and sell them at exorbitant rates. Their claim that they need to be making profit to finance further research in the field of medicine is understandable. However, what needs to be curbed is the corporate avarice of these Big Pharma companies. The generic drug producing companies are using the exact same composition and formulas used to produce branded drugs for a fraction of the input cost, and thereby, are able to sell the drugs without any brand name at much affordable rates.

The worldwide generics division came to $269.8 billion in 2012. This segment is relied upon to reach $300.9 billion in 2013 and $518.5 billion in 2018, with a compound yearly development rate (CAGR) of 11.5%.

The worldwide pharma division came to $319.8 billion in 2012. This segment is relied upon to reach $400.9 billion in 2013 and $618.5 billion in 2018, with a compound yearly development rate (CAGR) of 15.5%.

  • What is Big Pharma?
  • Big Pharma Manufacturers
  • Increasing Generics & Biosimilars

Related Conference of Generics versus Big Pharma

May 08-10, 2017

10th Asia-Pacific Pharma Congress

Singapore
May 15-17, 2017

7th European Biosimilars Congress

Munich, Germany
May 22-23, 2017

6th World Pharmacists & Clinical Pharmacy Annual Congress

(10 Plenary Forums - 1 Event)
Chicago, Illinois, USA
July 06-08, 2017

8th Global Pharmacovigilance & Drug Safety Summit

Kuala Lumpur, Malaysia
June 19-20, 2017,

3rd International Conference on Biopharmaceutics and Biologic Drugs

Philadelphia, USA
(10 Plenary Forums - 1Event)
June 26-28, 2017

9th Annual European Pharma Congress

Madrid, Spain
July 17-19, 2017

9th World Congress on BA/BE Studies and Biowaivers

Melbourne, Australia
July 24-26, 2017

8th World Congress on Pharmacology and Toxicology

Melbourne, Australia
July 31-Aug 02, 2017

7th Global Experts Meeting on Neuropharmacology

Milan, Italy
July 31-Aug 02, 2017

Global Experts Meeting on Pharmaceutics & Drug Delivery Systems

Melbourne, Australia
August 02-04, 2017

Analytical and Bio-Analytical Techniques Congress

Melbourne, Australia
August 17-18, 2017

11th Annual Global Pharma Summit

San Francisco, USA
August 23-24, 2017
A B2B Networking & Global Knowledge Exchange Forum

Global Summit on Emerging Orphan Drugs and  Drug Abuse

San Francisco, California, USA
August 31-September 01, 2017

5th International Pharmacy Conference


(10 Plenary Forums - 1 Event)
Las Vegas, Nevada, USA
September 04-06, 2017

9th World Congress on Pharmacology

Paris, France
September 11-13, 2017

4th International Conference on Clinical Trials

San Antonio, Texas, USA
(10 Plenary Forums - 1 Event)
September 11-13, 2017

World Congress on Biotherapeutics and Bioanalytical Techniques

“(10 Plenary Forums - 1Event)” Dallas, Texas USA
September 18-20, 2017

6th International Conference on Forensic Research & Technology

(10 Plenary Forums - 1Event)
Houston, Texas, USA
September 25-26, 2017

8th Annual Pharmaceutical Analysis Congress

Vienna, Austria
Sep 25-27, 2017

12th Annual
Pharma Middle East Congress

Dubai, UAE
October 09-11, 2017

Global Experts Meeting on Case Reports

Osaka, Japan
Oct 12-14, 2017

Annual Meeting on Pharmacology

Melbourne, Australia
October 12-14, 2017

Global Experts Meeting on Clinical Pharmacy

Auckland, Newzeland
October 16-18, 2017“(10 Plenary Forums - 1Event)”

4th International Conference on Past and Present Research Systems of Green Chemistry

Atlanta, Georgia, USA
October 18-19, 2017

6th Global Congress on Mass Spectrometry

Osaka, Japan
October 19-21, 2017

16th Annual Medicinal & Pharmaceutical Sciences Congress

Seoul, South Korea
October 19-21, 2017

9th Annual Congress on Drug Design & Drug Formulation

Seoul, South Korea
October 19-20, 2017

4th International Conference and Exhibition on Pain Medicine

(10 Plenary Forums - 1 Event)
San Francisco, California, USA
(10 Plenary Forums - 1 Event) October 23-24, 2017

5th International Conference on Clinical and Hospital Pharmacy

Orlando, Florida, USA
October 23-25, 2017

International Conference on Biotech Pharmaceuticals

Paris, France
November 13-15, 2017

Global Experts Meeting on Toxicology

Singapore
Nov 16-18, 2017

International Meeting on Nutraceuticals

Dubai, UAE

Generics versus Big Pharma Conference Speakers

Recommended Sessions

Related Journals

Are you interested in