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Contemporary generic market in Japan - key conditions to successful evolution

Jakovljevic, Mihajlo B LU ; Nakazono, Sanae and Ogura, Seiritsu (2014) In Expert Review of Pharmacoeconomics & Outcomes Research 14(2). p.94-181
Abstract

The Japanese pharmaceutical market, the world's second largest, is traditionally renowned for the domination of patented drugs and the weakest generics share among major established economies. An in-depth observation of published evidence in Japanese/English language provided closer insight into current trends in Japanese domestic legislation and pharmaceutical market development. Recent governmental interventions have resulted in significant expansion of the generic medicines market size. Substantial savings due to generic substitution of patent-protected drugs have already been achieved and are likely to increase in future. Nationwide population aging threatening sustainable healthcare funding is contributing to the relevance of... (More)

The Japanese pharmaceutical market, the world's second largest, is traditionally renowned for the domination of patented drugs and the weakest generics share among major established economies. An in-depth observation of published evidence in Japanese/English language provided closer insight into current trends in Japanese domestic legislation and pharmaceutical market development. Recent governmental interventions have resulted in significant expansion of the generic medicines market size. Substantial savings due to generic substitution of patent-protected drugs have already been achieved and are likely to increase in future. Nationwide population aging threatening sustainable healthcare funding is contributing to the relevance of generic policy success. Serious long-term challenges to the modest Japanese generic manufacturing capacities will be posed by foreign pharmaceutical industries particularly the ones based in emerging BRIC economies.

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Please use this url to cite or link to this publication:
author
; and
publishing date
type
Contribution to journal
publication status
published
keywords
Attitude, Commerce, Costs and Cost Analysis, Drug Industry/economics, Drugs, Generic/economics, Health Policy/economics, Japan, Pharmacists, Therapeutic Equivalency
in
Expert Review of Pharmacoeconomics & Outcomes Research
volume
14
issue
2
pages
14 pages
publisher
Taylor & Francis
external identifiers
  • scopus:84896284589
  • pmid:24450984
ISSN
1473-7167
DOI
10.1586/14737167.2014.881254
language
English
LU publication?
no
id
809b3273-8877-4569-b15d-682e5b177c6f
date added to LUP
2018-09-01 23:02:32
date last changed
2024-03-01 23:50:31
@article{809b3273-8877-4569-b15d-682e5b177c6f,
  abstract     = {{<p>The Japanese pharmaceutical market, the world's second largest, is traditionally renowned for the domination of patented drugs and the weakest generics share among major established economies. An in-depth observation of published evidence in Japanese/English language provided closer insight into current trends in Japanese domestic legislation and pharmaceutical market development. Recent governmental interventions have resulted in significant expansion of the generic medicines market size. Substantial savings due to generic substitution of patent-protected drugs have already been achieved and are likely to increase in future. Nationwide population aging threatening sustainable healthcare funding is contributing to the relevance of generic policy success. Serious long-term challenges to the modest Japanese generic manufacturing capacities will be posed by foreign pharmaceutical industries particularly the ones based in emerging BRIC economies. </p>}},
  author       = {{Jakovljevic, Mihajlo B and Nakazono, Sanae and Ogura, Seiritsu}},
  issn         = {{1473-7167}},
  keywords     = {{Attitude; Commerce; Costs and Cost Analysis; Drug Industry/economics; Drugs, Generic/economics; Health Policy/economics; Japan; Pharmacists; Therapeutic Equivalency}},
  language     = {{eng}},
  number       = {{2}},
  pages        = {{94--181}},
  publisher    = {{Taylor & Francis}},
  series       = {{Expert Review of Pharmacoeconomics & Outcomes Research}},
  title        = {{Contemporary generic market in Japan - key conditions to successful evolution}},
  url          = {{http://dx.doi.org/10.1586/14737167.2014.881254}},
  doi          = {{10.1586/14737167.2014.881254}},
  volume       = {{14}},
  year         = {{2014}},
}