Difference Between Generic Drugs and brand name drug
A generic drug is called by its chemical name; a manufacturer assigns a brand name. The products have the same ingredients.The generic drug also must be therapeutically equivalent—it must be the same chemically and have the same medical effect.
How Can Anyone Get Generic Drugs?
Talk with your doctor or pharmacist. Explain that you want the most effective drug at the best price. Ask your doctor to write prescriptions for generic drugs when possible.
Do All Drugs Have Generic Equivalents?
No. Some drugs are protected by patents and are supplied by only one company. However, when the patent expires, other manufacturers can produce its generic version. Currently, about half the drugs on the market are available in generic form.
Why Are Generic Drugs less expensive?
Generic drugs are less expensive because generic manufacturers don’t have the investment costs of the developer of a new drug. New drugs are developed under patent protection. The patent protects the investment—including research, development, marketing, and promotion—by giving the company the sole right to sell the drug while it is in effect. As patents near expiration, manufacturers can apply to the FDA to sell generic versions. Because those manufacturers don’t have the same development costs, they can sell their product at substantial discounts.
For more information about generic drugs you can visit : http://www.finegenerics.it
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