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jsalvatier comments on Generic Modafinil sales begin? - Less Wrong
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Another pharmacist told me it's usually 6-9 months before the price of a generic drops at all.
This is true. The first manufacturer that gets a generic application (ANDA) through gets 6 months of monopoly on the market for the generic product, after which everybody can enter the market and the price drops dramatically.
Oh! Very good to know. For others, here's more information.