Generic drugs are selling like the hotcake
Generic drugs are selling like the hotcake in the US market and so every pharmaceutical company is now entering the field of the generic drugs. The maximum profit maker from the generic drugs is the Teva pharmaceuticals that hold more than 50% share of the drug market.Due to the drugs imported from outside the US, the customers are very happy as these drugs are available at very cheap rates than that of the branded drugs or generic drugs manufactured in US. The import of the generic drugs from the countries outside US is also very beneficial for the government as they are saving a lot of financial investments that they need to do in the pharmaceutical industries. So, even the govt. is supporting the generic drugs outside the US.
US govt. is even supporting the Israel-based drug manufacturers because they are cheaper and cost and fine with the quality also. So, there are still the chances that these Israel-based generic drugs can be sold in US. On the other hand, the Israel government also doesn’t want to lose its profits that it is making through the export of the generic drugs to US.
Generic drugs from the Israel are manufactured in the world class manufacturing units; they follow all the standards mentioned by the US FDA. Even the officials from FDA have checked these manufacturing units and have found them to very good in from the sense of quality and safety. Even the clinical trials have been conducted by the FDA as well as manufacturers, so it only after this the generic drugs is approved. So, it is quite understandable that drugs from the Israel are very good in the quality
