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A price and use comparison of generic versus originator cardiovascular medicines: a hospital study in Chongqing, China

BACKGROUND: Developed countries use generic competition to contain pharmaceutical expenditure. China, as a developing and transitional country, has not yet deemed an increase in the use of generic products as important; otherwise, much effort has been made to decrease the drug prices. This paper aim...

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Autor principal: Zeng, Wenjie
Formato: Online Artículo Texto
Lenguaje:English
Publicado: BioMed Central 2013
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3851002/
https://www.ncbi.nlm.nih.gov/pubmed/24093493
http://dx.doi.org/10.1186/1472-6963-13-390
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author Zeng, Wenjie
author_facet Zeng, Wenjie
author_sort Zeng, Wenjie
collection PubMed
description BACKGROUND: Developed countries use generic competition to contain pharmaceutical expenditure. China, as a developing and transitional country, has not yet deemed an increase in the use of generic products as important; otherwise, much effort has been made to decrease the drug prices. This paper aims to explore dynamically the price and use comparison of generic and originator drugs in China, and estimate the potential savings of patients from switching originator drugs to generics. METHODS: A typical hospital in Chongqing, China, was selected to examine the price and use comparisons of 12 cardiovascular drugs from 2006 to 2011. RESULTS: The market share of the 12 generic medicines studied in this paper was 34.37% for volume and 31.33% for value in the second half of 2011. The price ratio of generic to originator drugs was between 0.34 and 0.98, and the volume price index of originators to generics was 1.63. The potential savings of patients from switching originator drugs to generics is 65%. CONCLUSION: The market share of the generics was lowering and the weighted mean price kept increasing in face of the strict price control. Under the background of hospitals both prescribing and dispensing medicines, China’s comprehensive healthcare policy makers should take measures from supply and demand sides to promote the consumption of generic medicines.
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spelling pubmed-38510022013-12-13 A price and use comparison of generic versus originator cardiovascular medicines: a hospital study in Chongqing, China Zeng, Wenjie BMC Health Serv Res Research Article BACKGROUND: Developed countries use generic competition to contain pharmaceutical expenditure. China, as a developing and transitional country, has not yet deemed an increase in the use of generic products as important; otherwise, much effort has been made to decrease the drug prices. This paper aims to explore dynamically the price and use comparison of generic and originator drugs in China, and estimate the potential savings of patients from switching originator drugs to generics. METHODS: A typical hospital in Chongqing, China, was selected to examine the price and use comparisons of 12 cardiovascular drugs from 2006 to 2011. RESULTS: The market share of the 12 generic medicines studied in this paper was 34.37% for volume and 31.33% for value in the second half of 2011. The price ratio of generic to originator drugs was between 0.34 and 0.98, and the volume price index of originators to generics was 1.63. The potential savings of patients from switching originator drugs to generics is 65%. CONCLUSION: The market share of the generics was lowering and the weighted mean price kept increasing in face of the strict price control. Under the background of hospitals both prescribing and dispensing medicines, China’s comprehensive healthcare policy makers should take measures from supply and demand sides to promote the consumption of generic medicines. BioMed Central 2013-10-05 /pmc/articles/PMC3851002/ /pubmed/24093493 http://dx.doi.org/10.1186/1472-6963-13-390 Text en Copyright © 2013 Zeng; licensee BioMed Central Ltd. http://creativecommons.org/licenses/by/2.0 This is an open access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/2.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
spellingShingle Research Article
Zeng, Wenjie
A price and use comparison of generic versus originator cardiovascular medicines: a hospital study in Chongqing, China
title A price and use comparison of generic versus originator cardiovascular medicines: a hospital study in Chongqing, China
title_full A price and use comparison of generic versus originator cardiovascular medicines: a hospital study in Chongqing, China
title_fullStr A price and use comparison of generic versus originator cardiovascular medicines: a hospital study in Chongqing, China
title_full_unstemmed A price and use comparison of generic versus originator cardiovascular medicines: a hospital study in Chongqing, China
title_short A price and use comparison of generic versus originator cardiovascular medicines: a hospital study in Chongqing, China
title_sort price and use comparison of generic versus originator cardiovascular medicines: a hospital study in chongqing, china
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3851002/
https://www.ncbi.nlm.nih.gov/pubmed/24093493
http://dx.doi.org/10.1186/1472-6963-13-390
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