As of 2016, branded generic drugs accounted for 56.7 percent of multinational pharmaceutical companies' total sales value. Notably, originator licensed drugs account for about 42.1 percent of multinational pharmaceutical companies' total sales value.
Share of licensed drugs in the total sales value of multinational (MNC) pharmaceutical companies in the Philippines from 2007 to 2016, by type
According the Philippine domestic pharmaceutical market is segmented into three license types of drugs:
(1) originators; (2) branded generics; and (3) unbranded generics. IQVIA defines originators as those drugs that are first to launch within a single or combined molecule. Meanwhile, branded generics, have the same molecule as the originator. Unbranded generics are those that carry the name of the molecule followed by its manufacturer.
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PCC. (June 8, 2020). Share of licensed drugs in the total sales value of multinational (MNC) pharmaceutical companies in the Philippines from 2007 to 2016, by type [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1196023/philippines-share-licensed-drugs-sales-value-of-multinational-pharmaceutical-by-type/
PCC. "Share of licensed drugs in the total sales value of multinational (MNC) pharmaceutical companies in the Philippines from 2007 to 2016, by type." Chart. June 8, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1196023/philippines-share-licensed-drugs-sales-value-of-multinational-pharmaceutical-by-type/
PCC. (2020). Share of licensed drugs in the total sales value of multinational (MNC) pharmaceutical companies in the Philippines from 2007 to 2016, by type. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1196023/philippines-share-licensed-drugs-sales-value-of-multinational-pharmaceutical-by-type/
PCC. "Share of Licensed Drugs in The Total Sales Value of Multinational (Mnc) Pharmaceutical Companies in The Philippines from 2007 to 2016, by Type." Statista, Statista Inc., 8 Jun 2020, https://www.statista.com/statistics/1196023/philippines-share-licensed-drugs-sales-value-of-multinational-pharmaceutical-by-type/
PCC, Share of licensed drugs in the total sales value of multinational (MNC) pharmaceutical companies in the Philippines from 2007 to 2016, by type Statista, https://www.statista.com/statistics/1196023/philippines-share-licensed-drugs-sales-value-of-multinational-pharmaceutical-by-type/ (last visited November 21, 2024)
Share of licensed drugs in the total sales value of multinational (MNC) pharmaceutical companies in the Philippines from 2007 to 2016, by type [Graph], PCC, June 8, 2020. [Online]. Available: https://www.statista.com/statistics/1196023/philippines-share-licensed-drugs-sales-value-of-multinational-pharmaceutical-by-type/
