In 2016, drugs that were licensed as branded generics accounted for almost 78 percent of cardiovascular medicines sales in government hospitals in the Philippines. Cardiovascular diseases are the leading causes of death in the Philippines. In 2017, there were approximately 51 thousand deaths due to ischaemic heart disease in the Philippines.
Market share of licenses in the cardiovascular medicines sales in government hospitals 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). Market share of licenses in the cardiovascular medicines sales in government hospitals in the Philippines from 2007 to 2016, by type [Graph]. In Statista. Retrieved November 13, 2024, from https://www.statista.com/statistics/1196314/philippines-share-license-cardiovascular-drugs-sales-government-hospitals-by-type/
PCC. "Market share of licenses in the cardiovascular medicines sales in government hospitals in the Philippines from 2007 to 2016, by type." Chart. June 8, 2020. Statista. Accessed November 13, 2024. https://www.statista.com/statistics/1196314/philippines-share-license-cardiovascular-drugs-sales-government-hospitals-by-type/
PCC. (2020). Market share of licenses in the cardiovascular medicines sales in government hospitals in the Philippines from 2007 to 2016, by type. Statista. Statista Inc.. Accessed: November 13, 2024. https://www.statista.com/statistics/1196314/philippines-share-license-cardiovascular-drugs-sales-government-hospitals-by-type/
PCC. "Market Share of Licenses in The Cardiovascular Medicines Sales in Government Hospitals in The Philippines from 2007 to 2016, by Type." Statista, Statista Inc., 8 Jun 2020, https://www.statista.com/statistics/1196314/philippines-share-license-cardiovascular-drugs-sales-government-hospitals-by-type/
PCC, Market share of licenses in the cardiovascular medicines sales in government hospitals in the Philippines from 2007 to 2016, by type Statista, https://www.statista.com/statistics/1196314/philippines-share-license-cardiovascular-drugs-sales-government-hospitals-by-type/ (last visited November 13, 2024)
Market share of licenses in the cardiovascular medicines sales in government hospitals in the Philippines from 2007 to 2016, by type [Graph], PCC, June 8, 2020. [Online]. Available: https://www.statista.com/statistics/1196314/philippines-share-license-cardiovascular-drugs-sales-government-hospitals-by-type/