Tag: Hatch-Waxman Act
First-Mover Advantage: How First Generic Manufacturers Dominate the Market
- DARREN LLOYD
- 15
The first generic manufacturer to launch after a brand drug’s patent expires captures up to 90% of the market and often retains 30-40% long-term due to pharmacy stocking habits and patient loyalty. This advantage is protected by the Hatch-Waxman Act’s 180-day exclusivity rule.
READ MOREHatch-Waxman Act: How U.S. Law Made Generic Drugs Possible
- DARREN LLOYD
- 13
The Hatch-Waxman Act made generic drugs possible by creating a fast-track approval system that balances innovation and affordability. It saved Americans trillions and now powers over 90% of prescriptions.
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