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FDA’s Workplace of Generic Medication issued their 2022 Annual Report. Generic medicine play an important function in saving sufferers and payers cash. To present an instance, pregabalin capsules price $450 for a 30-day provide throughout the finish of its market exclusivity interval, however priced dropped to $23 (a 95% lower) throughout the first 12 months after generic entry. For this drug alone, financial savings to the healthcare system was $6.6 billion. skilled a 95% value discount throughout the first 12 months of generic gross sales.
In 2022, the Workplace of Generic Medication authorized 106 first generic medicine. Beneath are some highlights from the report.
![](https://www.healthcare-economist.com/wp-content/uploads/2023/03/drug_nbr.png)
![](https://www.healthcare-economist.com/wp-content/uploads/2023/03/Generic_drugs.png)
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