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Oxera study into the UK Generic medicines market
A new independent report by economics consultancy Oxera has underlined the critical importance of the UK generic medicines sector and how, via free competition, it provides sustained and significant savings to the NHS creating greater patient access.
Better access. Better health
Read our guide to Generic and biosimilars medicines market and pricing
Better access. Better health.
The British Generic Manufacturers Association (BGMA) represents the interests of UK-based manufacturers and suppliers of generic and biosimilar medicines and promotes the development and understanding of the generic and biosimilars medicines industry in the United Kingdom.
We have a strong focus on quality
The British Generic Manufacturers Association (BGMA) has launched a forum in conjunction with the MHRA to focus on ensuring the manufacturing quality of generic medicines in the UK.
We reflect our members’ views at UK and European levels
We represent the views and interests of our members and industry generally to the UK government, the devolved administrations, regulators, other relevant third parties, including where appropriate the Institutions of the European Union and the media. Find out more about joining us.

Latest news

Highlights

Twitter

25.09.2019
RT @ChemistDruggist: .@UKLabour has announced plans to create state-owned generics manufacturers, which will focus on producing generic medicines that are facing “price or supply issues”. Will this alleviate #medicineshortages and excessive #drugpricing? https://t.co/V84dN5BkPo #phar
24.09.2019
We note @jeremycorbyn speech on creating a publicly owned generic medicines manufacturing company and would welcome more detail. Generic competition is the bedrock of the current UK system which already delivers the lowest prices in Europe and annual savings to the NHS of £13b
30.08.2019
RT @Genericseditor: As always, Warwick Smith of the @Britishgenerics identifies the key issue.
22.08.2019
RT @Teva_UK: We support efforts by @PharmaSupport and @ChemistDruggist to highlight the growing strain upon the health and wellbeing of community pharmacists across the UK https://t.co/6BAPVUjuUA #pharmacy #pharmacist
22.08.2019
RT @ChemistDruggist: LATEST: The only way to guarantee the medicines market continues to operate as effectively as it does now is if the UK leaves the EU with a deal, @Britishgenerics stressed https://t.co/z8W5EqKC2h #pharmacy #medicineshortages #Brexit

10 things you need to know

1
Generic medicines meet the same standards of quality, safety and efficacy as originator brands.
2
Generics have to demonstrate that they are bioequivalent to the original product - i.e., they deliver equal medical benefits to the patient.
3
Generic competition saves the NHS more than £13.5bn per annum.
4
The average cost to the NHS of a generic medicine is £3.80, whilst the average cost of a branded medicine is £20.95.
5
On one product alone, based on current usage, the generics industry has saved the taxpayer £1.1bn.
6
In the UK, a free market approach with competition between manufacturers and incentives for GPs to prescribe and pharmacists to dispense generics has led to a high market share (76%) for generic products.
7
Generic prices in the UK are the lowest in the developed world and are constrained by free market competition.
8
The market share that generics reach and the savings they generate are dependent upon national legislation and regulation.
9
Further growth and NHS savings are constrained by regulatory delays and costs, and the actions of some originator companies in trying to avoid or delay generic competition.
10
Competition from generics also stimulates the research based pharmaceutical industry to develop new medicines.