2 ms·
Some actual competition on generics from a US company, with a much higher salary cost? Also, from the web site: - "We are hoping to introduce over 100 additio
by tpmx 6y ago
Some actual competition on generics from a US company, with a much higher salary cost?
Also, from the web site:
- "We are hoping to introduce over 100 additional drugs by the end of 2021."
- "By 2022, building a pharmaceutical factory of our own in Dallas, TX"
I can't shake the feeling it's just a shallow rebranding play using a billionaire's personal brand. Perhaps many americans don't trust non-US brands, even when it comes to generics?
- tasty_freeze 6y agoI don't care if it is rebranding inexpensive Indian generics so long as they are vouching for the quality.
- tpmx 6y agoIs there a quality problem with generics in the US? There doesn't seem to one in Europe (or at least Sweden). I assume you also have regulations and testing protocols etc?
- mikeyouse 6y agoThere were actually a number of scandals out of India on this front as well: https://www.npr.org/sections/health-shots/2019/05/12/722216512/bottle-of-lies-exposes-the-dark-side-of-the-generic-drug-boom https://www.npr.org/sections/health-shots/2019/05/12/7222165... It's extremely hard to enforce GMP and QA/QC from across the world and there's a strong incentive to cheat and lie when it comes to these costly procedures. Whether it'll be any better in a US manufacturing facility is of course up for debate.
- tpmx 6y agoI had never before heard the acronym GMP in this context. It appears to mean: https://en.wikipedia.org/wiki/Good_manufacturing_practice https://en.wikipedia.org/wiki/Good_manufacturing_practice > Because the FDA requires very specific GMP requirements that differ from those of the EU and other countries, drugs approved or synthesized without US FDA certification cannot be legally sold in the U.S. Sounds a bit like trade protectionism - but I assume that goes both ways between e.g. EU and US.
- known 6y agohttps://www.quora.com/Which-caste-is-looting-India/answers/220938900 https://www.quora.com/Which-caste-is-looting-India/answers/2...