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ICH Generic Drug Harmonization May Be Another Cost-Lowering Opportunity

 
• By Derrick Gingery

The international group will work on harmonizing scientific and technical standards for generic drugs, which could reduce duplication and development costs.

businessman and businesswoman are shaking hands and exchanging folder after agreement was reached

The US FDA may be able to use the International Conference on Harmonization to align generic drug standards around the world and by extension potentially lower development and patient costs.

ICH, which comprises representatives of many international regulators and is focused on creating common drug development standards, wants to move into the generic drug space. The organization has previously released...

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