The European Medicines Agency, EMA, released their mid-year report spanning the first six months of 2012 which revealed that the number of generic applications is actually much lower than the agency had originally predicted. In contrast, applications for biosimilars are significantly higher than was initially predicted for the same time period.
Less Generic Applications
The report shows a significant decrease in the number of generics applications compared to the second quarter of 2011: only 11 in 2012 compared to 21 in 2011. While the first half of 2012 did show a decrease in generics applications, it is expected that there will be an increase in this number during the second half of the year. Biosimilars on the other hand have exceeded their forecast for all of 2012 in just the first six months.
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