The Generic Pharmaceutical Industry – An International Business with Solid Social-Economic Dimensions Cover Image

Генеричната фармацевтична индустрия – международен бизнес със съществено социалноикономическо измерение
The Generic Pharmaceutical Industry – An International Business with Solid Social-Economic Dimensions

Author(s): Plamen Puvkov
Subject(s): Economy, Supranational / Global Economy
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: Generic Medicines; Pharmacy; International Business
Summary/Abstract: The report aims to prove the benefits of generic medicines for society through multi-component analysis. Data for Europe and Bulgaria in particular are studied in detail. The drives for the generic industry have been studied, with a positive sign for the aging population and the growth of chronic diseases, and a negative sign for the government‘s focus on costs, patent restrictions, the expensive and long process of science and development. The introduction of a generic drug policy through the measures of the legislation and the use of medicines has proven benefits in terms of providing the necessary medicines, with guaranteed quality, at affordable prices for the society. Generic medicines support the sustainability of healthcare delivery and help control pharmaceutical costs. The results of the present study are applicable in the development of the medicines policy of Bulgaria.