Economic Impact of Patent Expiration: When Drug Prices Drop
When pharmaceutical patents expire, drug prices typically drop by 80% or more-but not always. Learn how generics work, why some drugs stay expensive, and how patients can save thousands.
When pharmaceutical patents expire, drug prices typically drop by 80% or more-but not always. Learn how generics work, why some drugs stay expensive, and how patients can save thousands.
Patent exclusivity and market exclusivity are two separate legal tools that block generic drugs from entering the market. One comes from the patent office, the other from the FDA - and understanding the difference explains why some drugs stay expensive for years after patents expire.