Generic Drug Makers See a Drought Ahead Flashcards
generic [dʒɪnerɪk] 2
And now the makers of generic drugs fear it, too.
[ADJ] [usu ADJ n] A generic drug or other product is one that does not have a trademark and that is known by a general name, rather than the manufacturer’s name.
회사 이름이 붙지 않고 일반 명칭으로 판매되는
permit
This year, more than 40 brand-name drugs lost their patent protection, meaning that generic companies were permitted to make their own lower-priced versions of well-known drugs.
[NOUN] A permit is an official document which says that you may do something. For example you usually need a permit to work in a foreign country.
share in
Generic companies were permitted to make their own lower-priced versions of well-known drugs and share in the profits that had exclusively belonged to the brands.
*share in the profits: 그 profit에 동참하다.
dry up
That’s great for large pharma, but that also means the opportunities theoretically have dried up for generics.
[VERB] [adverb] [intr] to become barren or unproductive; fail
vault [vɔ:lt]1
he large generics company Watson acquired a European competitor, Actavis, in October, vaulting it from the fifth- to the third-largest generic drug maker worldwide.
[VERB] If you vault something or vault over it, you jump quickly onto or over it, especially by putting a hand on top of it to help you balance while you jump.
lucrative [lu:krətɪv] 1
As one consequence of the approaching cliff, executives for generic drug companies say, they will no longer be able to rely as much on the lucrative six-month exclusivity periods that follow the patent expirations of many drugs.
[ADJ] A lucrative activity, job, or business deal is very profitable.
그 기간들동안, FDA에 처음 진정서를 낸 회사들이 성공적으로 특허에 도전했다.
During those periods, companies that are the first to file an application with the Food and Drug Administration, successfully challenge a patent.
그는 그 회사를 상대로 소송을 걸었다.
He filed a suit against the company (with the court.)
그는 구청에 민원을 냈다.
He filed a complaint with the 구청
window [wɪndoʊ]1
jolt [dʒoʊlt]
The exclusivity windows can give a quick jolt to companies.
[NOUN] [usu sing] If you have a window in your diary for something, or if you can make a window for it, you are free at a particular time and can do it then.
[VERB] If something jolts someone, it gives them an unpleasant surprise or shock. Jolt is also a noun. [N-COUNT]
2012년의 첫 9달동안, 복제의약품의 판매는 전년도 동기 대비 19퍼센트 올랐습니다.
During the first nine months of 2012, sales of generic drugs increased by 19 percent over the same period in 2011.
*over the same period in 2011=on year.
fickle [fɪkəl] 1
patent [pætənt] 1
But those exclusive periods also make generic drug makers vulnerable to the fickle cycle of patent expiration.
[ADJ] If you say that something is fickle, you mean that it often changes and is unreliable.
[NOUN] A patent is an official right to be the only person or company allowed to make or sell a new product for a certain period of time.
어딜가나 나에게 특허 위기에 대해서 물어요.
I can’t go anywhere without being asked about the patent cliff
* I can’t go anywhere without being asked about
미국의 복제품의 6분의 일은 데바의 제품으로 처방됩니다.
One in six generic prescriptions in the United States is filled with a Teva product.
* fill a prescription: 처방대로 조제하다.
trim
Mr. Levin also said he planned to cut costs, announcing last week that he intended to trim from $1.5 to $2 billion in expenses over the next five years.
[VERB] If a government or other organization trims something such as a plan, policy, or amount, they reduce it slightly in extent or size.
