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Brand-Name drugs are protected by patents, the manufacturer being the only source for this product. Many countries are producing generic alternatives these containing the same active ingredients as their branded counterparts, while costing considerably less. The generic product is able to be manufactured at a fraction of the cost, as there is little or no cost associated with research and development.
 
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 What are Generic Pills?

No matter the products are called "generic" these prescription drugs are expected to meet the same standards required of the brand name product.

What is the difference between a Generic and Brand-Name Drug?

Brand-Name drugs are protected by patents, the manufacturer being the only source for this product. Many countries are producing generic alternatives these containing the same active ingredients as their branded counterparts, while costing considerably less. The generic product is able to be manufactured at a fraction of the cost, as there is little or no cost associated with research and development.The generic drug is therapeutically equivalent to the brand name drug but is sold under its chemical or "generic" name.

Are Generic Drugs as Effective as Brand-Name Drugs?

A generic drug contains the same active ingredients in the same dosage form as a brand name drug. The strength and purity of generic medications are strictly regulated. The FDA requires all manufacturers of generics to proove that a generic drug will have the same medical effect as its Brand-Name equivalent by measuring the rate and extent of drug absorption. The generic drug should treat your illness or condition with the same effectiveness and safety as its brand name equivalent. Generics have to meet the same rigorous requirements as Brand-Name drugs.

Are Generic Drugs as Safe as Brand-Name Drugs?

These generics have been used billions of times by millions of patients, demonstrating again that Name-Brand and generic name drug have the same effect in the body.

Are Generic Drugs Less Expensive than Brand-Name Drugs?

In most cases, YES. The cost of researching, developing and marketing a new drug- including the money spent advertising the product- are factored into the price of the branded drug. Generic manufacturers spend considerably less on development and promotion, and therefore can afford to sell their product for less money.

Is the More Expensive Brand-Name Drug of a Better Quality?

No, the quality is the same. Both have to meet the same rigorous requirements.

Who Makes Generic Drugs?

Some are manufactured by the same pharmaceutical companies that make brand drugs; others are produced by pharmaceutical companies specializing in the manufacturing of generics. All prescription drug manufacturers must meet rigid FDA, WHO and GMP approval.

 
Generic drugs save consumers an estimated $8 to $10 billion a year at retail pharmacies (according to the Congressional Budget Office). Even more billions are saved when hospitals use generics.
 
 
 
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