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- W2906288532 abstract "The objective of the study is to understand the effects of generic entry on the price of the original drug, to present these results to us and show the generic competition occur on the conditions of increased generic drug number situation. 46 equivalent groups and 256 medicines evaluated. Due to database limitation we used the equivalent groups entered Turkish Market after January 2007. Unit prices were obtained by the ratio of IMS monthly sales value (TL) to monthly box sales quantities. In order to calculate the generic entrance effect in an equivalent group, we calculated the 12 month average unit price of original drug before first generic entrance period and we calculated the 12 month average unit price of original drug after first generic entrance period. This paper concerns the impact of generic competition on the market unit price ratio of original drugs and our study has shown that the effects of generic drug entrance to market on original drug unit price are significant and enduring. But this effect ends up with more than 6 generic entries. While the data in this study is restricted to last 10 years, it is likely that being first generic into the market, has more effects on original drug market share. Government policies for pharmaceutical market that allow early entry to market for generics together with or without financial incentives for use of generics can achieve both increasing generic consumption and price competition. Tenders and INN prescription system increase generic uptake and allow price competition between originator and generics." @default.
- W2906288532 created "2019-01-01" @default.
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- W2906288532 date "2018-10-01" @default.
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- W2906288532 title "PHP344 - AN ECONOMIC EVALUATION OF GENERIC DRUG ENTRIES IN TURKISH PHARMACEUTICAL MARKET" @default.
- W2906288532 doi "https://doi.org/10.1016/j.jval.2018.09.1238" @default.
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