Average bioequivalence and generic price function
b(d,SE,t_crit) = (GMR_L,GMR_U)
For an ANDA, bioequivalence to the reference listed drug is shown when the 90% confidence interval for the ratio of geometric means of a pharmacokinetic measure, such as AUC or Cmax, lies within 80.00% to 125.00% after rounding. The interval is computed on the log scale and exponentiated. For economic models, the approval of generic competitors is then translated into a post-entry price.
90 per cent confidence interval for the geometric mean ratio
GMR = exp(d); GMR_L = exp(d - t_crit * SE); GMR_U = exp(d + t_crit * SE)
Standard error of the log difference in a balanced two-period crossover
SE = sqrt(2 * MSE / n)
Post-entry generic price and annual drug cost
P_g = P_b * (1 - k); C_ann = P_b * (1 - k) * N_d