As of 2016, multinational pharmaceutical companies accounted for 45 percent of the Philippines' total branded generics drug market. In that same year, branded generic drugs have dominated the whole pharmaceutical market, accounting for 71.1 percent of the Philippines' pharmaceutical market's total sales.
Share of companies in the branded generic drugs market in the Philippines from 2007 to 2016, by type
According to the source, 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 companies in the branded generic drugs market in the Philippines from 2007 to 2016, by type [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1196141/philippines-share-of-companies-branded-generic-drugs-by-type/
PCC. "Share of companies in the branded generic drugs market in the Philippines from 2007 to 2016, by type." Chart. June 8, 2020. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1196141/philippines-share-of-companies-branded-generic-drugs-by-type/
PCC. (2020). Share of companies in the branded generic drugs market in the Philippines from 2007 to 2016, by type. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1196141/philippines-share-of-companies-branded-generic-drugs-by-type/
PCC. "Share of Companies in The Branded Generic Drugs Market in The Philippines from 2007 to 2016, by Type." Statista, Statista Inc., 8 Jun 2020, https://www.statista.com/statistics/1196141/philippines-share-of-companies-branded-generic-drugs-by-type/
PCC, Share of companies in the branded generic drugs market in the Philippines from 2007 to 2016, by type Statista, https://www.statista.com/statistics/1196141/philippines-share-of-companies-branded-generic-drugs-by-type/ (last visited November 23, 2024)
Share of companies in the branded generic drugs market in the Philippines from 2007 to 2016, by type [Graph], PCC, June 8, 2020. [Online]. Available: https://www.statista.com/statistics/1196141/philippines-share-of-companies-branded-generic-drugs-by-type/
