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Healthy Skepticism Library item: 7924

Warning: This library includes all items relevant to health product marketing that we are aware of regardless of quality. Often we do not agree with all or part of the contents.


Publication type: Journal Article

Pal S.
Generic industry market review
US Pharmacist 1999 Nov; 19:(24):9, 14-15, 22-23, 30, 34


A marketing overview of the generic drug industry is presented, including the U.S. market for generic drugs by type, months needed for the U. S. Food and Drug Administration (FDA) to approve a generic drug from 1993 to 1998, share of generics in the prescription drug market from 1984-1998, innovator drugs facing rapid growth of generic competition, the economic impact of generic drugs, and the impact of health maintenance organizations (HMOs) on generic drug substitution and sales.


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There is no sin in being wrong. The sin is in our unwillingness to examine our own beliefs, and in believing that our authorities cannot be wrong. Far from creating cynics, such a story is likely to foster a healthy and creative skepticism, which is something quite different from cynicism.”
- Neil Postman in The End of Education