Tag: Hatch-Waxman Act

Authorized Generics: How Brand Drug Companies Stay Competitive After Patent Expiration

Authorized Generics: How Brand Drug Companies Stay Competitive After Patent Expiration

Authorized generics let brand drug companies stay competitive after patent expiration by selling the exact same medication under a different label. They lower prices, reduce patient confusion, and challenge traditional generics-but they also spark debate over market fairness.

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