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What is market exclusivity and what does it mean for generics?

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What is market exclusivity and what does it mean for generics?

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Market exclusivity means that no similar product is / may be on the market. The period of market exclusivity includes the data protection period and an additional period (e.g. two years in the EU) during which no generic version may be marketed. In the US generics industry, market exclusivity also refers to the 180-day period granted to the first approved generic version of an originator product. During this period, no other generics company may launch a version of the same product.

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