Generic Drugs Market in Japan

Topics: Generic drug, Teva Pharmaceutical Industries, Pharmacology Pages: 4 (374 words) Published: February 3, 2015
Generic Drugs Market in Japan 2015-2019

Generic drugs are identical, or almost identical, to their branded originals. They may contain very small variations permitted by the FDA. Generic drugs need to be identical or within the satisfactory bioequivalence range of their branded counterparts to be approved by the FDA. They have the same active ingredient(s), dosage form, intended use, potency, quality, and route of administration as the branded drugs. They are available in the market once the patent of the corresponding branded drugs expires, as manufacturers of generics are unable to meet the expenses of developing and marketing a new drug. Generic drugs are generally 50-70 percent less expensive than their branded versions and meet the same standards of effectiveness, quality, and safety.

Covered in this Report

This report covers the present scenario and the growth prospects of the Generic Drugs market in Japan for the period 2015-2019. To calculate the market size, the report considers the revenue generated from sales in the following product categories: Generic Drug Prescriptions

Super-generic Drugs

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Key Regions


Key Vendors

Meiji Seika Pharma Co. Ltd.
Nichi-Iko Pharmaceutical Co. Ltd.
Nipro Pharma Corp.
Sawai Pharmaceuticals Co. Ltd.
Teva Pharmaceutical Industries Ltd.
Towa Pharmaceutical Co. Ltd.

Other Prominent Vendors

Daiichi Sankyo
Daito Pharmaceutical
Fuji Pharma
Hikari Pharmaceutical
Nihon Generic
Nippon Chemipher
Nippon Kayaku
Nissin Pharmaceutical
Ohara Pharmaceutical
Taiyo Yakuhin
Takeda Pharmaceutical
Zensei Pharmaceutical Industries

Key Market Driver

Expiry of Patents
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Key Market Challenge

Intense Competition among Vendors
For a full, detailed list, view our report.

Key Market Trend

Increase in M&A
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