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

Home Prices Gain in the U.S in April with Seven Cities Marking Record High
Although Revised First-Quarter G.D.P. Showed an Upward Move but Still Reflects a
A Story of Cooperation Turned Sour; Airbnb Sues San Francisco over New Rules
Researchers says dogs might help detect hypoglycemia in diabetes patients
Millions of Dressers and Chests Recalled by IKEA  Following Deaths and Injuries
Pepsi to Reintroduce Diet Coke with Aspartame
Volkswagen Agrees to Pay $14.7 Billion as Settlement in the U.S Related to Diese
Hawaii enrols all gun owners into FBI Database for monitoring
Ten people injured at California rally
IMF’s Christine Lagarde Says Impact of Brexit will Depend on What Move Policy Ma
Oil Prices Tumble with British Pound Facing a Fresh Fall
Gang violence kills two people at dance studio in Fort Worth