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0.000189681335356428 0 0.000113808801213857 0.000683232169954407 -0.000815629742033505 -0.00155538694992422 -0.000910470409711719 -0.00106221547799708
Stock impact report

3 Generic Drug Stocks to Watch Amid Challenging Market Prospects [Yahoo! Finance]

Amgen Inc. (AMGN) 
Last amgen inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.amgen.com
Company Research Source: Yahoo! Finance
Apart from intense regulatory pressure on drug quality and manufacturing, the generic drugs industry also faces cut-throat competition stemming from the presence of numerous drugmakers. The only respite available to such drugmakers is a first-to-file or first-to-market opportunity wherein they enjoy exclusivity for a limited period. Companies like Teva Pharmaceuticals TEVA, Dr. Reddy's Laboratories RDY and Viatris VTRS are poised to beat the macroeconomic headwinds on the back of continued demand for their existing products, new product launches and cost optimization policies. Industry Description The Medical - Generic Drugs industry comprises companies that develop and market chemically/biologically identical versions of a brand-name drug once patents, providing exclusivity to branded drugs, expire. These drugs can be divided into generic and biosimilar categories based on their composition. The generic segment is controlled by a few large drugmakers and generic units of large Show less Read more
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