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February 6, 2007 (Press Release) --
What are Generics? Generic pharmaceuticals contain exactly 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. Many insurance plans encourage you to accept the generic version of a drug whenever it's medically safe. What is the difference between a Generic and Name-Brand Drug?
A Name-Brand drug is marketed under a specific trade name by a pharmaceutical manufacturer. In most cases, Name-Brand drugs are still under patent protection, meaning the manufacturer is the sole source for the product but in many Countries around the world such as India this is not the case and a generic alternative is readily available. A generic drug is made with the same active ingredients in the same dosage form as a brand name drug. 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 Name-Brand 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.
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. The manufacturers meet rigid local FDA regulations for the country in which they are manufactured.
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A Name-Brand drug is marketed under a specific trade name by a pharmaceutical manufacturer. In most cases, Name-Brand drugs are still under patent protection, meaning the manufacturer is the sole source for the product but in many Countries around the world such as India this is not the case and a generic alternative is readily available. A generic drug is made with the same active ingredients in the same dosage form as a brand name drug. 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 Name-Brand 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.
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. The manufacturers meet rigid local FDA regulations for the country in which they are manufactured.
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