Paper
Journal of Generic Medicines (2006) 4, 15–22. doi:10.1057/palgrave.jgm.4950047
America's generic pharmaceutical industry: Opportunities and challenges in 2006 and beyond
Kathleen Jaeger1
Correspondence: Kathleen Jaeger, Generic Pharmaceutical Association (GPhA) 2300 Clarendon Boulevard, Suite 400, Arlington, VA 22201, USA. Tel: +1 703 647 2480; Fax: + 1 703 647 2481 E-mail: KJaeger@gphaonline.org; Web: www.gphaonline.org
1was named President and CEO of the Generic Pharmaceutical Association (GPhA) in April 2002. Prior to joining GPhA, she was a Partner in the Washington, DC firm of Kirkpatrick & Lockhart LLP.
Received 28 July 2006; Revised 28 July 2006.
Abstract
The US generic industry, with annual sales of more than US$22bn, is excited about the prospects and opportunities for the future. However, the industry must remain vigilant to efforts by some special interest groups that seek to delay the timely introduction of more affordable generic drugs today, and in the future. Among the issues that could affect the continued growth of the generic pharmaceutical industry are authorised generics; misuse of the Citizen Petition process; and imposition of measures in free trade agreements that could harm America's generic drug industry. While the generic industry is focused on ensuring a level competitive playing field by addressing these and other issues, it is also expending significant time and energy to open the door to the new, untapped opportunity for savings that would result from generic competition for expensive biopharmaceutical products.
Keywords:
USA, Hatch–Waxman, authorised generics, generics, biopharmaceuticals




