That means we can be in a strong position to bring generic versions of branded medicines to market on the first day of patent protection ending. Generic medicines are typically sold at a substantially lower price to their branded medicine counterparts, as the development process is generally less costly.

Generic medicines bring significant savings to the NHS medicines bill – estimates are that generic medicines save the NHS over £13 billion every year,1 compared to the cost if their branded equivalents had been dispensed. This frees up valuable NHS budgets.

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[1] https://www.thetimes.co.uk/article/nhs-costs-to-soar-as-drugs-become-more-complex-z2688zz3w8t [Last accessed 10.04.2018]