X-Nico

2 unusual facts about Generic drug


Generic drug

In the United States, generic drug substances are named through review and recommendation of the United States Adopted Names (USAN) Council.

Generic drugs are labeled with the name of the manufacturer and the adopted name (nonproprietary name) of the drug.


Gray Panthers

The organization filed several suits targeting pharmaceutical companies whom they alleged to have blocked competition over generic drug production and a class action law suit against Bristol-Myers Squibb, a pharmaceutical manufacturer, for alleged damages the company inflicted by delaying competition for BuSpar, a brand name anti-anxiety drug.


see also

Apotex Inc. v. Wellcome Foundation Ltd.

The Court rejected a challenge by the generic drug manufacturers Novopharm and Apotex to declare Glaxo Wellcome's patent for AZT, an AIDS-fighting drug, invalid.

Daiichi Sankyo

On June 10, 2008, Daiichi Sankyo agreed to take a majority (35%) stake in Indian generic drug maker Ranbaxy, with a deal valued at about $4.6 billion.