Generics Advancing On Lucrative Pet Drug Market

Family doctors aren't the only ones facing the question of whether to prescribe name-brand or generic drugs for their patients.

Nowadays, even Fido is receiving generic versions of medications to treat illnesses, aches and pains.

As patents expire for branded pet drugs, more generics are finding their way into veterinarians' offices.

In Portland, Putney Inc. is betting its future on continued growth in the pet generics markets. Founder and CEO Jean Hoffman says the company has launched two generic drugs for pets and has another 20 generics in the pipeline.

Industry consultant Bob Fountain of Fountain Agricounsel in Connecticut says an estimated 10 percent of animal health drugs are now generics. But he says many believe that generics will account for half of all pet medications within a decade.

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  • by Jan Location: Rocky Mt., NC on Jul 5, 2011 at 01:43 PM
    Have you ever noticed that the people who say the most ridiculous things on the internet are too 'shy' to sign their profound words of wisdom with anything but the word "Anonymous"? Yes, I realize the word 'shy' is an understatement, but some of us try to be kind. That having been said, we have called many areas of NC "Home". So when it comes to medical care of all kinds, I have seen it all. We are members of the same church as our veterinarian. He is one of the most caring and dedicated physicians (in any field of medicine) I have ever met. I can tell you with great assurance that this man's patients are just as important to him as are the patients of a very gifted 'people' doctor. And it is obvious the animals,in ther own way, know this as well. I just want to say thank you to all the vets who could have chosen traditional medical school, but their calling was to care for those who have no voice to say what hurts, or how much better they feel after treatment. Not to mention the risk of injury the vets face every day from patients who most definitely do NOT want their shots! Let's think about this with gratitude more often.
  • by Michelle ENC on Jul 5, 2011 at 11:47 AM
    Think about it... going to VET School - how much it takes to recoup that cost, live, rent or make payments to buy an office, pay staff, pay electric/utilities, diagnostic equipment, kennels, cleaning products, drugs, supplies, insurance of all kinds, and the list continues. That is factored in to what services and products you buy from a vet. The vets that stay in business for years, get their properties paid off and then they can start saving $$, yes. The young bucks outta the gate have a long ways to go. It is expensive to own a pet and properly care of one. If you can't afford it, don't own one, or at least have them neutered/spayed so that you won't create anymore to flood the stray population. ALL pets that aren't a part of a proper breeding program should be fixed - males and females. It's the responsible thing to do. ALL pets should be on heartworm/flea/tick prevention. It's not cheap, but it's the responsible thing to do. It is the choice of the individual to be responsible or not, which includes regular vet care.
  • by boxer Location: pitt county on Jul 5, 2011 at 06:36 AM
    Been using these for years from Canada. No problems and very pleased. Dog to vet once a year to hear she is really healthy and is doing great. Price is half or less than name brand. Let your fingers do the walking.
  • by Jane Location: Washington on Jul 5, 2011 at 06:22 AM
    AMEN!!! You hit the nail on the head about time...long overdue. With the economy such as it is, the vets have taken advantage of caring pet owners.
  • by about time... Location: Tarboro on Jul 5, 2011 at 04:32 AM
    This needed to happen years ago. It's astronomical how much it costs to take our dog to the vet. We don't even spend that much on our own health care, something's gotta give...
    • reply
      by Anonymous on Jul 5, 2011 at 06:11 AM in reply to about time...
      The vets have got to be able to get that imported Italian marble for their bathrooms. Then retire at a young age.

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