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Authorized Generics are prescription drugs produced by brand pharmaceutical companies and marketed under a private label, at generic prices. Authorized Generics compete with generic products in that they are identical to their brand counterpart in both active and inactive ingredients[1]; whereas according to the Office of Generic Drugs, generic drugs must contain identical active ingredients as the brand[2]. Authorized Generics compete with generics on price, quality and availability in the generic marketplace, and are marketed to consumers during and after what is commonly known as “the 180-day exclusivity period”. Public Studies According to Roper Public Affairs & Media, 2005 public research underlines consumer demand to have Authorized Generic prescription drugs availalble, showing over 80 percent of Americans want the option of Authorized Generic prescription drugs [3]. The FTC is currently undergoing a study entitled the "Competitive Implications of Authorized Generic Drugs" [2] in the marketplace. Several independent organizations have commissioned their own studies including Pharmaceutical Research and Manufacturers of America[4],[5] Sonecon[6][7], GPhA[8][9], furthering the competitive debate. [edit] References
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