SUPER GENERICS / IMPROVED THERAPEUTIC ENTITIES: AN APPROACH TO FULFIL UNMET MEDICAL NEEDS AND EXTENDING MARKET EXCLUSIVITY OF GENERIC MEDICINES

  • Lokesh Kumar Narsee Monjee Institute of Management Studies , Maharashtra, India
  • Ashwini Deshpande Narsee Monjee Institute of Management Studies , Maharashtra, India
  • Amit Page Narsee Monjee Institute of Management Studies , Maharashtra, India

Abstract

The generic market is more competitive & the pharmaceutical market players are looking for developing newer versions of generics by adding value to the product and getting the extension in market exclusivity for the particular brand. As new drug therapies are reaching the market after a long term of regulatory battle & high investment on research for which the companies are getting only 20 years of monopoly (patent), the markets have been in search for innovations in the generic products which can extend the patents & also offer extension in market exclusivity. These super generic drugs are not only better in patient compliance, but also provide better therapeutic effect than the other already existing generic versions. The market leaders follow the quality by design approach, multifunctional excipient, modifying dosage form & reforming the release pattern to develop the value added therapies which create a new segment and uplift the growth in generic market and even assure better quality & economic viability. This article highlights the global generic segment, market growth and opportunities for innovation in the generic market to develop super generic versions, development & commercialization strategies of super generics with due examples of marketed products of super generics.

 

Keywords: Global Generic Market, Super Generics, Market Exclusivity

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Author Biographies

Lokesh Kumar, Narsee Monjee Institute of Management Studies , Maharashtra, India
I m a student of  Narsee Monjee Institute of Management Studies pursuing m.pharma + mba course
Ashwini Deshpande, Narsee Monjee Institute of Management Studies , Maharashtra, India
Professor of Departemnt of Pharmaceutics
Amit Page, Narsee Monjee Institute of Management Studies , Maharashtra, India
Professor of Departemnt of Pharmaceutics

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How to Cite
Kumar, L., A. Deshpande, and A. Page. “SUPER GENERICS / IMPROVED THERAPEUTIC ENTITIES: AN APPROACH TO FULFIL UNMET MEDICAL NEEDS AND EXTENDING MARKET EXCLUSIVITY OF GENERIC MEDICINES”. International Journal of Pharmacy and Pharmaceutical Sciences, Vol. 7, no. 2, Dec. 2014, pp. 25-29, https://innovareacademics.in/journals/index.php/ijpps/article/view/3839.
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Review Article(s)