Replies to post #100296 on Biotech Values

[DewDiligence]

I'm sorry to be so dense, Dew, but I still don't quite get it.

Perhaps this will help:

1. Authorized generics are generics that happen to be “authorized” by the owner of the corresponding branded drug. As far as the user is concerned, an authorized generic is no different from any other generic drug. No prescriptions are written for an authorized generic, specifically; instead, the decision to fill a prescription with an authorized generic rather than some other generic for the same drug is made by the retail or hospital pharmacy that fills the prescription. (If you want to ensure that your US prescription is not filled by any generic, the physician must check the “no substitutions” box in states that support this option.)

2. Branded generics are a misnomer—i.e. they are not generics at all. Rather, they are branded drugs that happen to lack patent protection or statutory exclusivity. Branded generics comprise the majority of the pharmaceutical market in many of the world’s fastest-growing countries. For a better understanding of branded generics, please reread #msg-52834709 and chase the links to the two articles at the bottom.

This really isn’t that complicated.