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Generic Drugs Market Revenue Worth $786 Billion by 2030 says P&S Intelligence

Generic Drugs Market Revenue Worth $786 Billion by 2030 says P&S Intelligence
NEW YORK, March 17, 2021 /PRNewswire/ Almost 75% of the deaths in 2020 were because of chronic diseases, as per the World Health Organization (WHO). Among the diseases, the deadliest were ischemic heart disease, diabetes, cancer, and stroke. This is to be a major factor to propel the global generic drugs market size to $786.0 billion by 2030 from $278.4 billion in 2019, at a 10.0% CAGR between 2020 and 2030. This is because branded drugs are often expensive, which is why a large number of people in developing countries are not able to purchase them.
Generic drugs, on the other hand, are cost-effective, at the same time contain the same active ingredients and have a similar effect as patented drugs. In this regard, the generic drugs market is also being driven by the patent expiry of blockbuster medications. As patented drugs lose their certification, it gives pharmaceutical companies the opport ....

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Perrigo To Sell Its Generic Rx Pharmaceuticals Business

WASHINGTON (dpa-AFX) - Perrigo Company plc (PRGO) has reached a definitive agreement to sell its Generic Rx Pharmaceuticals business to Altaris Capital Partners, LLC for $1.55 billion, including ....

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Dr. Reddy's Launches Generic Version Of Xeloda Tablets

Dr. Reddy s Launches Generic Version Of Xeloda Tablets
NEW DELHI (dpa-AFX) - Dr. Reddy s Laboratories Ltd. (RDY), an integrated pharmaceutical company, announced the launch of Capecitabine Tablets, USP a therapeutic equivalent generic version of Xeloda Tablets approved by the FDA. Dr. Reddy s Capecitabine Tablets, USP are available in 150 mg and 500 mg strengths in bottle count sizes of 60 and 120, respectively.
Dr. Reddy s Laboratories noted that the Xeloda brand and generic had U.S. sales of approximately $90 million MAT for the most recent twelve months ending in October 2020 according to IQVIA Health.
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U.S. Army Corps of Engineers Releases Work Plan for Fiscal 2021 Civil Works Appropriations > Northwestern Division > Northwestern Division News Releases

WASHINGTON
The U.S. Army Corps of Engineers (USACE) delivered to Congress its Fiscal Year 2021 (FY 2021) Work Plan for the Army Civil Works program on January 19, 2021.
On December 27, 2020, President Trump signed into law the Consolidated Appropriations Act, 2021, Public Law 116-260, of which Division D is the Energy and Water Development and Related Agencies Appropriations Act, 2021. Of the appropriations provided for the Army Civil Works program, $7.3 billion is appropriated in five accounts: Investigations; Construction; Operation and Maintenance; Mississippi River and Tributaries; and the Formerly Utilized Sites Remedial Action Program (FUSRAP).
The Act’s accompanying Statement of Managers report allocates approximately $5.1 billion of the total for these five accounts to specific programs, projects and activities (PPA). USACE is responsible for allocating the remainder in these accounts, approximately $2.3 billion, to specific PPAs, consisten ....

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