Buy Generic Medicine
Generilife is a well-known name in the field of generic drug stores. When it comes to generic drugs and branded drugs, we hold a well-known name. Buy generic Medicine an award-winning pharmaceutical company and certified by the highest authority like ISO 1001-201, CGMP etc. We are the top universal pharmaceutical supplier known for our high-quality pharma products and services. Undoubtedly, we are one of the best generic drug distributors in India.
Generic
drugs are cheaper because they are cheaper. This is because
the manufacturers did not incur the cost of developing and marketing the new
drug. When a company launches a new drug, the firm has already spent a lot of
money on drug research, development, marketing and advertising. Thus common
medicines are cheaper and preferable to most people.
The need for generic medicine is a drug that is
similar to a brand-name drug, but can only be manufactured after the patent of
the brand-name drug has expired.
A
generic drug is similar to a brand-name drug:
1) Dosage
2) Security
3) Strength
4) Quality
5) The
way it works
6) There
is a way
7) The
way it should be used
Are
generic drugs safe? Yes generic drugs are heavily regulated and go
through a rigorous review process before they are approved. The FDA tests them
to see if they offer the same benefits as brand-name medications and to make
sure that any different substances used in generic drugs are safe.
What do you call branded drugs?
Under patent protection a pharmaceutical company
develops new drugs as brand-name drugs that have a high cost for research. This
patent protects investment in drug development by giving the pharmaceutical
company the sole right to manufacture and sell brand-name drugs while they are
in effect. All this usually determines the large cost taken from the patient's
pocket.
Upon expiration of
patents or other specific terms, other manufacturers may submit a brief new
drug application (ANDA) to the FDA for approval to market a generic version of
the brand-name drug.
Although generic drugs are chemically
similar to their branded parts, they are generally sold at a cheaper rate than
brand-name drugs because the drug is not developed from the beginning and the
cost of bringing the drug to market is lower.
In fact, generic drugs are simply cheaper because
manufacturers do not have to spend on developing and marketing new drugs. When
a company launches a new drug, the firm has already spent a lot of money on
drug research, development, marketing, and advertising. A patent is granted to
a company that sells the drug until the patent is approved, with the exclusive
right to sell the drug.
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