Tuesday, October 22, 2013

Sohm, Inc. (SHMN) Benefiting from the Growing Global Market in Generic Drugs

With its world headquarters in Ahmedabad, in northwestern India, and U.S. headquarters in Buena Park, CA, Sohm has rapidly established itself as a globally recognized pharmaceutical company specializing in the development, production, and distribution of generic, branded generic, private label, and Sohm-created pharmaceuticals, as well as nutraceuticals and even cosmeceutical products. Sohm also has offices in China and the UK, and was voted the fastest growing generics prescription drug manufacturer in 2012 at the 30th All India Conference of National Integrated Medical Association.

Among other things, Sohm, though still a developing company, is already known for its expertise in various drug delivery technologies, including solid dosage from, oral-controlled and sustained release semi-solid, liquid, oral Trans’ mucosal, transdermal, gel, injectable, and other drug delivery technologies, and the application of these technologies to proprietary drug forms. But Sohm also believes strongly in the future of the generic pharmaceuticals market. Generic pharmaceuticals are the chemical and therapeutic equivalents of brand-name drugs and are typically sold under their chemical names at prices substantially lower than their brand-name equivalents. Generic drugs are required to meet similar governmental regulations as brand-name drugs, and must receive regulatory approval prior to their sale in any given country.

Generic pharmaceuticals are benefiting from a growing acceptance on the part of consumers, physicians, and pharmacists. This has been helped by the passage of legislation permitting or encouraging generic substitution, and the associated publication of lists of equivalent generic alternative pharmaceuticals by regulatory authorities. Add to this an aging population, plus a corresponding increase in healthcare costs, as well as the large number of branded products scheduled to lose patent protection over the coming years, and it’s clear that a continued global expansion of the generic pharmaceuticals market can be expected.

For more information, visit www.Sohm.com

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