The system, to be established by the US Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA)(1), will be based on technology used in the new Web-based Central Registration Depository (CRD) coming on line later this month.
Minivelle is currently the smallest estrogen patch available at 2.48cm 2 per patch (about 34% smaller than Vivelle-Dot). Minivelle contains bioidentical estradiol, a plant-based estrogen that is chemically identical to the estrogen produced naturally by a woman's body.
But with todayâs launch of the Market Vectors Generic Drugs ETF (GNRX), the fundâs sponsor, Van Eck Global, says it has rolled out the first ETF targeting global makers of generic drugs and biosimilars. Generic drugs are less expensive knock-offs of brand-name, chemically synthesized drugs. Biosimilars perform the same role with drugs known as biologics, which are medicines generally derived from living cells. What generics are to Big Pharma, biosimilars are to biotechââonly much more complex to manufacture.