24 May 2019
- In the U.S., prescription drugs approved by the federal Food and Drug Administration (FDA) are granted a specified period of market exclusivity, which varies by exclusivity classification. After patent and market exclusivity protections expire, generic versions may be launched into the market.
- Under FDA guidelines, there are two types of generic drugs: Authorized generics and generics.
- Authorized generics strategy is considered as the innovator’s loss of exclusivity strategy to combat generics.
- Here you can take a self competency test to check !