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What really happens to drug prices when patents expire

STAT

When patents for name brand medicines expire, the price of that medicine drops significantly as generic versions enter the market. This is Part 5 of “Behind the Counter,” an in-depth video series demystifying the complex world of patents and drug pricing.

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STAT+: At JPM, Bristol’s new CEO appeals to history to try to soothe investors’ nerves

STAT

Patents on big-selling medicines expire, but new medicines will come to take their place. Sales of Bristol’s top sellers will decline significantly or vanish as generic or biosimilar medicines emerge. ” Basically, the tide comes in, but it also goes out.