Executive summary, by the Secretariat* Considering the roundtable discussion and the delegates’ written contributions, the following key points emerge: (1) The existence of originator drugs and innovation by originator companies is vital to develop new treatments against different illnesses and diseases. Following originator innovation, generic substitutes increase competition and result in lower drug prices, which contribute to the reduction of public healthcare expenditure. That is why governments often use a variety of tools to promote generic competition. However, certain regulatory measures may have restrictive effects and should be reformed to promote originator-generic drug competition. The pharmaceutical industry is an innovative, high-technology and I.P.-sensitive industry
The OECD holds a roundtable on generic pharmaceuticals and competition
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