Ralph Neas delivers remarks at GPhA-FDA Fall Technical Conference

WASHINGTON — Though his term as Generic Pharmaceutical Association president and CEO began four weeks ago, Ralph Neas made his big debut Tuesday as he delivered his remarks at the GPhA-Food and Drug Administration Fall Technical Conference.



Neas — who most recently served as president and CEO of the National Coalition on Health Care and has long worked for various civil rights organizations — spoke of the growth of generic drugs over the years, noting that they account for 78% of all prescriptions dispensed in the United States despite consuming 25% of total drug spending. He also noted a recent analysis by IMS Health that showed the use of generic drugs saved consumers, patients and the U.S. healthcare system $931 billion over the past decade.



"These are incredible savings for the system and something each of us can share pride in helping to achieve," Neas said. "But we should not lose sight of what this means for individuals … to folks like you and me."

Click here to read the Neas' full speech.

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