6 Drug Companies to make Generic Version of OxyContin

.

6 Drug Companies to make Generic Version of OxyContin

Health Canada has announced that they have permitted six drug makers to make generic version of oxycodone, which comes under the brand name of OxyContin. It was not an easy decision for Health Canada to take the decision.

While explaining the reason for the same, authorities concerned said that a lot of pressure was as the drug has been highly abused. Health Minister Leona Aglukkaq was also under great pressure and he had to take the decision to quit the drug from the market.

In such a scenario, it got difficult for them to announce that six companies will be coming with the drug. Health Canada said that the drug is absolutely safe if it is taken as per prescriptions. The six companies, which have received permission, are Apotex Inc., Teva Canada Ltd., Laboratoire Riva Inc., Sandoz Inc., Cobalt Pharmaceuticals and PhamaScience Inc.

It was on Sunday that Purdue's patent to market the drug expired and then the decision was taken by Health Canada. There are people, who think that the decision is wrong as it is risky for people to have OxyContin.

"The federal government had an opportunity to stop the production of a generic drug that has been proven to be dangerous and destructive", said Chief Collins from Fort William First Nation.

 


Latest News

Republican House Votes accuse US President Barack Obama of Impeachment
In a Peppy Second Quarter US economy Experiences a 4% Growth
After Talks Fail With The Creditors Argentina Yet Again Falls into Default
Feds Expected to Trim Bond Purchases, Could Also Offer Hazy Clues on Interest Ra
After First Six Months of Sales Toyota Remains at Top
McDonald's Franchisee ruling Gives Rise to Business-Labour Arguments
Breakage in Main Pipe Causes Havoc in UCLA
Southwest Airlines to Be Charged a Fine of $12 million Over Issues Related to Re
Zillow to Purchase Trulia; A Merger That Will Create a Real Estate Giant Listing
More than One Third of Americans Debt Offenders
Video Shows Baby Turtles Heading to Sea
Bear Stearns, Alan 'Ace' Greenberg, dies at 86