why I buy generic medicines??
Generic drugs are same as brand-drugs that contain the main dosage, uses, effects, side effects, route of administration, risks, safety, and strength of the original drug.Drugs are made up of two main parts: active and inactive parts. Active ingredients are same for generic and branded Medicines but inactive part may differ from company to company.
Price difference between Generic and branded Medicines
Many people express concern that generic medicines are much cheaper than brand-name versions. They feel that quality and efficiency have been compromised to produce less expensive products. For the FDA (Food and Drug Administration), generic drugs must be as safe and effective as branded drugs.
In fact, generic medicines are only affordable because manufacturers did not spend for r&d (Research and development) and promotion. When a company brings a new drug to market, the company has spent a lot of money on research, development, marketing and drug promotion. A patent is granted to a company that gives exclusive rights to sell drugs until the patent takes effect.
After the patent expires, manufacturers can apply to the FDA for permission to manufacture and sell generic versions of the drug; And apart from the initial cost of developing a drug, companies can make and sell it cheaply. When many companies start producing and selling a drug, competition between them can further lower prices.
Therefore, there is no truth in the myth that generic drugs are made with inferior or inferior benefits compared to brand-name drugs. The FDA applies the same standards to all pharmaceutical manufacturing facilities, and many companies manufacture both brand name and generic drugs. In fact, the FDA estimates that 50% of generic drugs are manufactured by brand-name companies.
Another common mistake is that generic drugs take longer to work. The FDA requires that generic drugs act as basic brand products quickly and effectively.
Sometimes the generic versions of the medicine have a different color, flavor or combination of inactive ingredients than the original medicine. Trademark law in the United States does not allow generic drugs to look like brand-name preparations, but both preparations must have the same active ingredients, ensuring that both have similar pharmacological effects.
In fact, generic medicines are only affordable because manufacturers did not spend for r&d (Research and development) and promotion. When a company brings a new drug to market, the company has spent a lot of money on research, development, marketing and drug promotion. A patent is granted to a company that gives exclusive rights to sell drugs until the patent takes effect.
After the patent expires, manufacturers can apply to the FDA for permission to manufacture and sell generic versions of the drug; And apart from the initial cost of developing a drug, companies can make and sell it cheaply. When many companies start producing and selling a drug, competition between them can further lower prices.
Therefore, there is no truth in the myth that generic drugs are made with inferior or inferior benefits compared to brand-name drugs. The FDA applies the same standards to all pharmaceutical manufacturing facilities, and many companies manufacture both brand name and generic drugs. In fact, the FDA estimates that 50% of generic drugs are manufactured by brand-name companies.
Another common mistake is that generic drugs take longer to work. The FDA requires that generic drugs act as basic brand products quickly and effectively.
Sometimes the generic versions of the medicine have a different color, flavor or combination of inactive ingredients than the original medicine. Trademark law in the United States does not allow generic drugs to look like brand-name preparations, but both preparations must have the same active ingredients, ensuring that both have similar pharmacological effects.
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