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Old 19th May 2013, 13:03   #31
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Default Re: Medicinal Drugs: How much (more) we pay for the SAME?

Are big companies better than unknown ones? http://features.blogs.fortune.cnn.co...fraud-lipitor/
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On May 13, Ranbaxy pleaded guilty to seven federal criminal counts of selling adulterated drugs with intent to defraud, failing to report that its drugs didn't meet specifications, and making intentionally false statements to the government. Ranbaxy agreed to pay $500 million in fines, forfeitures, and penalties -- the most ever levied against a generic-drug company. (No current or former Ranbaxy executives were charged with crimes.)
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Old 20th May 2013, 13:11   #32
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Default Re: Medicinal Drugs: How much (more) we pay for the SAME?

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Originally Posted by carboy View Post
The major pharma companies spend a lot of money for spreading FUD (fear, uncertainty and doubt). It clearly looks like its working.

How many reported cases have there been of generics not having bio equivalence or not working or anything like that? If it's that rampant, it shouldn't be difficult to find many cases, right?

The Indian Pharma industry is well regulated especially for generics. The generic companies follow the same rules and regulations. Manufacturing medicines is not rocket science with todays technology. Most meds can be manufactured to high quality at low costs.

A good indicator of FUD is that no specific examples are ever cited - just general rumours and suggestions.
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Originally Posted by carboy View Post
Are big companies better than unknown ones? http://features.blogs.fortune.cnn.co...fraud-lipitor/
Oh boy ...
What would you say now about Generic drug manufacturers, their practices and their drug's efficacy?
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