scholarly journals Analysis of the Korean generic medicine market: Factors affecting the market share of generic medicines

2021 ◽  
Author(s):  
Dong‐Sook Kim ◽  
Jihye Shin ◽  
Jusun Chung
Keyword(s):  
Market Share ◽  
Generic Medicine ◽  
Generic Medicines ◽  
Factors Affecting ◽  
Market Factors

Patients’ beliefs towards generic medicines in the United Arab Emirates

2021 ◽  
pp. 3343-3346
Author(s):  
Imen Guella ◽  
Nageeb Hassan ◽  
Moyad Shahwan ◽  
Yaser Mohammed Al-Worafi ◽  
Sahab Alkhoujah
Keyword(s):  
United Arab Emirates ◽  
Generic Medicine ◽  
Cross Sectional Study ◽  
Generic Medicines ◽  
Cross Sectional ◽  
Factors Affecting ◽  
Negative Beliefs ◽  
The Social ◽  
The Difference ◽  
Self Administered Questionnaire

Objectives: Patients play an important role in activating the generic medicine policy as their acceptance of it reported as an essential factor. Therefore, this study aimed to explore the beliefs of patients in the UAE towards generic medicines and to identify the factors affecting their beliefs towards generic medicines. Methods: A cross-sectional study was conducted between 1st March and 1st June 2016. A self-administered questionnaire was distributed to 600 adult patients in Ajman and Sharjah, United Arab Emirates. The data were analyzed using Statistical Package for the Social Sciences® (IBM SPSS) version 21 for Windows. Results: 500 patients participated in this study. The findings of this study found that 44% of patients understand the difference between generic and branded medicines. The majority of patients in this study didn’t know that the efficacy and safety of generic medicines are the same as branded medicines. The majority of patients in this study were not familiar with the similarity and differences between generic medicines and branded medicines. Conclusion: The current study found that the patients had negative beliefs towards generic medicines. The findings of this study found that the following factors contributed to the patients’ beliefs towards generic medicines: gender, age, education level, and monthly income.

scholarly journals Physicians’ Knowledge, Attitude and Practice of Generic Substitution in China: A Cross-Sectional Online Survey

2021 ◽  
Vol 18 (15) ◽  
pp. 7749
Author(s):  
Mingyue Zhao ◽  
Lingyi Zhang ◽  
Zhitong Feng ◽  
Yu Fang
Keyword(s):  
Online Survey ◽  
Generic Substitution ◽  
Generic Drugs ◽  
Final Analysis ◽  
Generic Medicine ◽  
Generic Medicines ◽  
Online Questionnaire ◽  
Cross Sectional ◽  
Ordered Logistic Regression ◽  
Tertiary Hospitals

The purpose of this study is to investigate physicians’ knowledge, attitudes and practice of generic medicine substitutions in China. We conducted a cross-sectional online questionnaire survey on physicians from secondary or tertiary hospitals in China from 2020 December to 2021 April. Descriptive statistical and ordered logistic regression were used for analysis. A total of 1225 physicians were included in the final analysis, and only 330 (26.94%) of them scored 4 or above in the knowledge part, which means that the physicians have a good knowledge of generic substitutions. Of the total, 586 (47.83%) agreed or strongly agreed that generic drugs could be substituted for originator drugs and 585 (47.75%) always or often prescribed generic medicines. The percentage of physicians with a positive attitude toward or that practice prescribing generic medicine is below 50%, which needs to be improved in China. Physicians’ knowledge, their attitude toward generic substitution, if familiar with the policy of generic substitution, and incentives for prescribing generic medicines are influencing factors for the practice of generic substitution. Our studies show that the practice of generic substitution by physicians could be improved by several measures in China. We suggested that the physicians should be taught more about the bulk-buy policy and the generic-originator equivalence evaluation policy. Moreover, government incentives to promote generic substitution should be established. Our study also suggested that physicians with less working experience and female physicians should learn more about generic substitution.

General Perception Regarding The Generic and Branded Medicines among the Visitors of the Turaif General Hospital

2021 ◽  
Vol 15 (12) ◽  
pp. 3516-3518
Author(s):  
Nawaf Alotaibi
Keyword(s):  
Saudi Arabia ◽  
General Hospital ◽  
Health Care Professionals ◽  
Generic Drugs ◽  
Generic Medicine ◽  
Cross Sectional Study ◽  
Generic Medicines ◽  
Kingdom Of Saudi Arabia ◽  
Cross Sectional ◽  
Awareness Programs

Background: The utilization of generic drugs in Saudi Arabia is under development. Many studies concerning generic drugs and their utilization by the consumers and promotion by health care professionals have been conducted in Saudi Arabia. Most of these studies revealed general unawareness of generic medicines among the Saudi people. Objective: The objective of this study was to evaluate the general perception regarding the generic medicines and branded medicines among the visitors of the Turaif general hospital. Methods: This cross‑sectional study was carried out from December 29, 2019, to January 23, 2020, at Turaif General Hospital, Turaif, Kingdom of Saudi Arabia using a questionnaire. The questionnaire was shared with the visitors (N = 527) of the hospital after their agreement, and the data were collected. The obtained data were statistically analyzed by Statistical Product and Service Solutions (SPSS) version 16. Results: The results of this study revealed that more than 50% of the participants were unaware about generic medicines and branded medicines; preferred imported generic medicines over local generics; agreed that the imported generic medicines are of high quality, more effective, and expensive as well. However, almost 50% of the participants were not sure about the quality, efficacy, safety, price, and side effects of the branded medicine. Conclusion: It has been concluded that there is a need to provide awareness programs about branded medicine, imported generic medicine, and locally manufactured generic medicines. Keywords: Branded drugs, Generic drugs, Awareness, Turaif, Saudi Arabia.

Generic medicine brand knowledge structure, relationships and purchase

2020 ◽  
Vol 14 (4) ◽  
pp. 493-512
Author(s):  
Helen Inseng Duh ◽  
Chuma Diniso
Keyword(s):  
Young Adults ◽  
South African ◽  
Knowledge Structure ◽  
Generic Medicine ◽  
Brand Awareness ◽  
Generic Medicines ◽  
Content Type ◽  
Brand Knowledge ◽  
Brand Satisfaction ◽  
Brand Knowledge Structure

Purpose Cheaper generic anti-retroviral medicines are encouraged and often prescribed in South Africa for HIV/AIDS treatment. However, the medicines’ acceptance rate is relatively low. This has been attributed to inadequate brand knowledge of the bioequivalence of generic medicines. Studies have examined how brand knowledge structure lead to purchase. The contributions of brand relationship builders (i.e. trust and satisfaction), which are indicators of sustainable purchase, are rarely considered. This study aims to adapt Esch, Langner, Schmitt and Geus’ (2006) brand knowledge structure and relationship model to examine the impact of South African young adults’ brand knowledge structure (brand awareness, brand image and brand beliefs) and trust on brand satisfaction and purchase. Design/methodology/approach Cross-sectional data was quantitatively collected from 207 young adults through self-administered, paper-based questionnaires. Data was analysed with structural equation modelling. Findings Brand awareness, image, trust and belief in efficacy positively influenced purchase. All these factors, except brand awareness, positively led to satisfaction. The tested adapted model explained 53.0 and 58.5% variances of purchase and brand satisfaction, respectively. Practical implications Considering how much brand knowledge structure and trust explained purchase and satisfaction from the tested model, South African government, pharmaceutical marketers and consumer interest groups should educate young adults about the bioequivalence, safety and efficacy of generic medicines. With greater knowledge of these qualities, satisfaction is gained from purchase decision. Originality/value Instead of the usual examination of demographic differences in generic medicine beliefs and perception, this study contributes by revealing brand-related drivers of purchase and satisfaction.

scholarly journals Knowledge, Beliefs and Factors Affecting the Use of Generic Medicines among Patients in Ibb, Yemen: A Mixed-method Study

2021 ◽  
Vol 6 (4) ◽  
pp. 53-56
Author(s):  
Yaser Mohammed Al-Worafi ◽  
Wafa Mohammed Alseragi ◽  
Khaled Mohamed Alakhali ◽  
Long Chiau Ming ◽  
Gamil Othman ◽  
...  
Keyword(s):  
Mixed Method ◽  
Mixed Method Study ◽  
Generic Medicines ◽  
Factors Affecting

scholarly journals How does market share affect the increase in the value of investment unit of voluntary pension funds?

2020 ◽  
Vol 68 (7-8) ◽  
pp. 457-468
Author(s):  
Boban Stojanović ◽  
Snežana Radukić ◽  
Milan Kostić ◽  
Zorana Kostić
Keyword(s):  
Market Share ◽  
Pension Funds ◽  
Empirical Literature ◽  
Dynamic Relationship ◽  
Unit Value ◽  
Static Approach ◽  
Market Factors ◽  
The Republic ◽  
The One ◽  
Competition Pressure

The importance of this research stems from highly concentrated markets of voluntary pension funds, on the one hand, and intensive competition pressure among market participants, on the other. The main purpose of this paper is to evaluate the static and dynamic relationship between a pension fund's market share and value of its investment unit. The research was designed to monitor the changes in the size of market share and investment units in the period from 2008 to 2017 in the funds in the Republic of Serbia. The main findings suggest that the size of market share of individual voluntary pension funds has no influence on the growth of investment unit value. Contrary to the static approach, the dynamic approach argues that the changes of market share affect the performance of voluntary pension funds. The obtained results indicate that the performances of individual pension funds do not depend on their size, but rather on their ability to occupy a larger portion of the market and increase their market share. This paper provides a systematic review of the relevant empirical literature on internal and external determinants of a pension fund's performance. It represents a significant contribution to the understanding of market factors, such as market share and value of investment units.

scholarly journals Generic prescribing, brand and generic substitution, availability and cost effectiveness of the available medicines

2018 ◽  
Vol 4 (1) ◽  
pp. 33-42
Author(s):  
D.P. Khanal ◽  
P. Adhikari ◽  
S. Chapagain ◽  
S. Rayamajhi ◽  
S. Nakarmi ◽  
...  
Keyword(s):  
Cost Effectiveness ◽  
Hospital Pharmacy ◽  
Generic Substitution ◽  
Relevant Information ◽  
Generic Medicine ◽  
Global Public Health ◽  
Generic Medicines ◽  
Medical Department ◽  
Orthopedic Department ◽  
Generic Prescribing

Background: Pharmaceuticals play a key role in the prevention and treatment of disease. The worldwide availability of effective, safe and affordable pharmaceuticals is a key challenge for the global public health system. Large economic interests are at stake within the field of pharmaceuticals. Pharmaceutical sales are existed as trade in many part of developing world including Nepal. At the same time, consumers (patients) are at mercy and unable to judge the quality, safety and, in many cases, the efficacy of the medicine, as well as whether the price is reasonable or not. They depend on others for assured quality medicines. Objective of this study was to find out the prescription written in generic name, availability of generic medicine in hospital pharmacy and outside pharmacy and cost effectiveness of brand –generic substitution in Manmohan Memorial Hospital Premises, Shyombu Kathmandu.Methods: All relevant information of brand-generic medicines and generic prescribing were recorded from the patient chart stored at medical record department except orthopedic department. In Orthopedic department, OPD prescriptions were recorded. Hospital pharmacy and outside pharmacy have been audited for the availability of generic medicines. Face to face interview with pharmacists in hospital and Drug Retailers were taken regarding the medicine available in generic name and medicine substitution. The recorded data were analyzed.Results: Only 298 out of 5120 medicines were found in generic name mostly from medical department, 215 medicines out of 812 medicines. There was no any single generic prescription in orthopedic department. In the hospital pharmacy and outside pharmacy have very few generic medicines. So no question of brand substitution by generic here. Mostly some large volume parental were available in generic names.Conclusion: Only 5.82 % of medicines were prescribed in generic name. Concerns over the therapeutic equivalence of branded products and generics are common amongst physicians, pharmacists and industries of course.JMMIHS.2018;4(1):33-42

Patients’ beliefs toward generic medication in Yemen

2021 ◽  
pp. 174113432110392
Author(s):  
Ammar Ali Saleh Jaber ◽  
Yaser Mohammed Al-Worafi ◽  
Abdullah Ahmed Dhabali
Keyword(s):  
Healthcare Professionals ◽  
Cross Sectional Study ◽  
Generic Medicines ◽  
Cross Sectional ◽  
Factors Affecting ◽  
Generic Medication ◽  
Knowledge And Beliefs ◽  
Negative Beliefs ◽  
The Social ◽  
Self Administered Questionnaire

Purpose This study aims to explore patients’ knowledge and beliefs toward generic medicines and identify the factors affecting their beliefs toward them in Yemen. Patients and methods A cross-sectional study was conducted from April 1 to July 1, 2016. A self-administered questionnaire was distributed to 590 adult patients in Sana’a. The data were analyzed using Statistical Package for the Social Sciences® (IBM SPSS) version 26 for Windows. Results Overall, 370 patients participated in this study. The study identified that a majority of the respondents did not know the similarities and differences between generic and branded medication and had negative beliefs toward generic medication. The study identified the factors contributing to the patients’ beliefs toward generic medication. Conclusion Yemeni patients had poor knowledge and negative beliefs toward generic medication. Educational programs provided to patients and healthcare professionals regarding generic medication can improve patients’ knowledge and correct their beliefs in this regard.

Determinants, persistence and value implications of liquidity creation: an evidence from Indian banks

2021 ◽  
Vol 15 (2) ◽  
pp. 384-400
Author(s):  
Naina Grover ◽  
Pankaj Sinha
Keyword(s):  
Market Share ◽  
Financial Stability ◽  
Generalized Method Of Moments ◽  
Content Type ◽  
Factors Affecting ◽  
Dynamic Framework ◽  
Lending Rate ◽  
Equity Ratio ◽  
Indian Banks ◽  
The Impact

Purpose The purpose of this paper is to explore the micro and macro factors affecting liquidity creation by scheduled commercial banks (excluding Regional Rural Bank) in India from 2005 to 2018. Design/methodology/approach Two measures of liquidity creation, the broad and narrow measures, are constructed using RBI data available on Indian banks. System generalized method of moments has been applied to explore the factors affecting liquidity creation. Findings This study finds high level of persistence in liquidity creation in banks. Variation in the broad measure is explained by equity ratio, market share, GDP, gross savings and lending rate, whereas the narrow measure is explained by equity ratio, market share, size and lending rate. The Global Financial Crisis had a negative effect on liquidity creation as per both the measures, and the impact was more severe for the broad measure as compared to the narrow measure. Research limitations/implications This study finds a positive correlation between bank value and liquidity creation which suggests that the investors favourably evaluate banks that create more liquidity. This study is confined to India only. Practical implications There is a negative influence of capital on liquidity created by banks, which implies a trade-off that exists between financial stability and liquidity creation. Basel III norms impose higher capital and liquidity standards which will have negative implications for liquidity creation. Originality/value To the best of authors’ knowledge, this is the first study in the Indian context that focusses on factors affecting liquidity creation in a dynamic framework and determines the relationship between liquidity creation and market value of a bank.

Knowledge and perception differences towards generic medicines consumption among consumers

2019 ◽  
Vol 16 (1) ◽  
pp. 19-26
Author(s):  
Mohd Redhuan Dzulkipli ◽  
Siti Noorsuriani Maon ◽  
Mohamed Azmi Hassali
Keyword(s):  
Generic Drugs ◽  
Generic Medicine ◽  
Generic Medicines ◽  
Public And Private ◽  
Good Level ◽  
Significant Difference ◽  
Level Of Knowledge ◽  
Klang Valley ◽  
The Government ◽  
Amount Of Knowledge

The objective of this study was to evaluate the population behavioural influence towards generic medicines use in a Klang Valley. A self-administered questionnaire in the Klang Valley, Malaysia, was distributed conveniently. A total of 222 respondents have participated in the study (response rate 57.8%). The majority of the respondents (87.7%) have reported considerable amount of knowledge on the generic medicine availability in the market. In comparison of sociodemographic influence, only household size was found to influence the respondent’s knowledge and curiosity. For the perception, there was a statistically significant difference in attitude scores for respondents who had good level of knowledge (M = 3.322, SD = 0.516) and poor level of knowledge (M = 3.011, SD = 0.591) towards generic medicines; t(220) = –4.180, p < 0.05. In terms of subjective norms, data findings indicate a statistically significant difference in scores for respondents who had good level of knowledge (M = 3.456, SD = 0.704) and poor level of knowledge (M = 3.057, SD = 0.616) towards generic medicines; t(220) = –4.393, p < 0.05. Similarly, this study found a statistically significant difference in perceived behavioural control scores for respondents who had good level of knowledge (M = 3.605, SD = 0.548) and poor level of knowledge (M = 3.121, SD = 0.577) towards generic medicines; t(220) = –6.350, p < 0.05. Therefore, these results reveal that good level of knowledge really influence the level of perceptions among consumers of generic medicines. It is imperative that more initiatives to be introduced by the government to promote the practice to prescribe generic drugs to the population. The need to educate both health professionals and patients on the availability of the cheaper and bioequivalence medicine should be put into formality, thus increasing the awareness of the patient of the generic medicine and next reduce the dependency of the costlier innovator brand medicine in the prescription at both public and private healthcare settings.

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