How are generic drugs approved?
Drug companies must submit an abbreviated new drug application (ANDA) for approval to market a generic product. TheDrug Price Competition and Patent Term Restoration Act of 1984, more commonly known as the Hatch-Waxman Act, made ANDAs possible by creating a compromise in the drug industry. Generic drug companies gained greater access to the market for prescription drugs, and innovator companies gained restoration of patent life of their products lost during FDA’s approval process. I am ready to order! clarification Pharmcy-pal.com requires for all new clients a prescription copy on all prescription drugs it offers on-line prior to actual shipping of the drugs. Upon receipt of the prescription copy, its licensed pharmacist shall verify and validate the prescription. A prescription confirmation by the licensed pharmacist stating the name of the cardholder, name of the drug, milligram, and quantity is sent to the cardholder.
