Generic drugs: international trends and policy developments in Australia

Lofgren, Hans 2004, Generic drugs: international trends and policy developments in Australia, Australian health review, vol. 27, no. 1, pp. 39-48.

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Title Generic drugs: international trends and policy developments in Australia
Author(s) Lofgren, Hans
Journal name Australian health review
Volume number 27
Issue number 1
Start page 39
End page 48
Publisher Australian Medical Publishing Company
Place of publication Sydney, N.S.W.
Publication date 2004
ISSN 0156-5788
Summary Public and private third-party payers in many countries encourage or mandate the use of generic drugs. This article examines the development of generics policy in Australia, against the background of a description of international trends in this area, and related experiences of reference pricing programs. The Australian generics market remains underdeveloped due to a historical legacy of small Pharmaceutical Benefits Scheme price differentials between originator brands and generics. It is argued that policy measures open to the Australian government can be conceived as clustering around two different approaches: incremental changes within the existing regulatory framework, or a shift towards a high volume/low price role of generics which would speed up the delivery of substantial cost savings, and could provide enhanced scope for the financing of new, patented drugs.
Language eng
Field of Research 160510 Public Policy
Socio Economic Objective 970116 Expanding Knowledge through Studies of Human Society
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2004, CSIRO
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