Generic Medicines are Copies of Brand-Name Drugs

Generic drugs are copies of brand-name drugs that have exactly the same dosage, intended use, effects, side effects, route of administration, risks, safety, and strength as the original drug. In other words, their pharmacological effects are exactly the same as those of their brand-name counterparts.

Generic drugs are more preferable because they are cheaper. It’s because the manufacturers have not had the expenses of developing and marketing a new drug. When a company introduces a new drug onto the market, the firm has already spent much money on research, development, marketing and promotion of the drug. Thus generic medicines are cheaper and preferable by many people.

A need for Generic Medicines is a drug that is exactly the same as the brand-name drug, but can only be produced after the brand-name drug's patent has expired.

A Generic drug is the same as a brand-name drug in:

●      Dosage

●      Safety

●      Strength

●      Quality

●      The way it works

●      The way it is taken

●      The way it should be used

 

Are Generic Medicines Safe? Yes. Generic Medicines are heavily regulated and go through a rigorous review process before they're approved. The FDA tests them to make sure they offer the same benefits as brand-name medications and that any different ingredients used in the generic drug are safe.

 

WHAT DO YOU MEAN BY BRANDED MEDICINES?

 

A drug company develops new drugs as brand-name drugs under patent protection which involves huge expenses on research & development and further expenses on promotion. This in turn protects the investment in the drug's development by giving the drug company the sole right to manufacture and sell the brand-name drug while the patent is in effect. All this leads to huge costs which are usually taken from the patient's pocket.

 

When patents or other periods of exclusivity expire, other manufacturers can submit an abbreviated new drug application (ANDA) to the FDA for approval to market a generic version of the brand-name drug.

 

Although generic drugs are chemically identical to their branded counterparts, they are typically sold at a cheaper price than the brand-name drug because the drug has not been developed from scratch, and the costs to bring the drug to market are less.

Actually, generic drugs are only cheaper because the manufacturers have not had the expenses of developing and marketing a new drug. When a company brings a new drug onto the market, the firm has already spent substantial money on research, development, marketing and promotion of the drug. A patent is granted that gives the company that developed the drug an exclusive right to sell the drug as long as the patent is in effect.

 

Generilife is a reputed and a known name in the field of generic medicine shops. Buy Generic Medicine at Cheapest price from the Generic Medicine Shop. The Generic Medicine Store near me offers medicines that have exactly the same chemicals as in the brand-name medicines. Generic medicines bear the same name as that of the chemical itself - Generic Medicine Store, Generic Medicine Distributors, you can purchase medicine from Generic Medical Stores at a very economical price.

 

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