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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

14.02.2020
RT @medicinesforEU: Have you checked out PharmaBoardroom's interview with Joris van Assche? Joris is our Belgian member who's also the managing director of Medaxes Belgium. He urges a stronger policy for a positive environment for generic and biosimilar medicines. https://t.co/9OursJeueO
13.02.2020
RT @cbwickware: Warwick Smith from @Britishgenerics said drug companies “tend to hold significant quantities of API, so there is unlikely to be an early impact on supplies" from the affects of #coronavirus restriction
10.02.2020
RT @BritBiosimilars: Pleased to announce that @Teva_UK 's Dr Andrew Ellis has been announced as the new chair of the British Biosimilars Association. https://t.co/AUipO5QT4G
07.02.2020
Read our reaction to @trussliz announcement on trade deal approach with non EU nations. https://t.co/IiG1gD7LKK
16.12.2019
@Britishgenerics director general Warwick Smith writes about the future shape of the industry in the @raconteur supplement printed with today's edition of The Times. See more details here https://t.co/L6tcneldvz

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.