The History Of Generic Drugs
- Author Mike Dean
- Published June 6, 2008
- Word count 440
The history and the story of generic drugs is very long. But as a layman, all we need to understand clearly is that these generic drugs are nothing but "general drugs" or you can say cheap representation of original drugs. Basically to make a drug requires years of research in the laboratory first and then once prepared the drug has to undergo many clinical and market tests. All in all to put it the entire point from the point of view of consumer, the process of drug making is not only hugely time consuming but also very – very expensive.
Before these drugs are launched in the market, they need to have a patent. There after they are presented before the market for sale. The problem with these drugs is that they are exorbitantly priced for the company has to make for all the investments it did for the drug. It is at this juncture that the Generic drugs come to the seen.
Generic drugs do not have patent protection and that makes the generic drugs cheaper because they don’t have to waste time and money in patenting process. Generic drugs though maintain the original formula and active ingredients of the originally researched drug. Generic drugs just take a short cut to patenting process and the research process and these two factors make all the difference in the cost of the generic drug.
For the consumer, generic drugs are a boon. Economically weaker section of society that also includes a large percentage of older population is hugely benefited by the generic drugs. These generic drugs have the same composition yet are much cheaper than the original drugs. Being affordably priced these generic drugs can be easily purchased by the economically weaker section of society who would have otherwise ailed through the illness due to costly drugs.
Generic drugs are identical to the original drug in all aspects, be it dose, strength or effect. Generic drugs have a hugely competitive market and this in turn is beneficial for the consumers in the form of reduced prices. Generic drugs are the bio equivalent version of original drug. This simply means that they are identical in composition and formulation to original drug. Generic drugs are not much different than the brand named drug, except actually the brand name. In fact generic drugs are much more common and widely used.
Generic drugs are a boon in disguise, both for the consumer and the producer. And if generic drugs are bioequivalent to branded drugs and are surely much cheaper than their branded counterparts then it is very much logically understandable why they are so popular.
This article has been provided courtesy of Best Generic Pharmacy (http://www.bestgenericpharmacy.com), dedicated to bringing you the highest quality generic medications such as Generic Viagra, Generic Cialis, and Generic Levitra at the most competitive prices.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Fighting the Silent Epidemic: Safeguard Your Child's Future with Vitamin D Screening at KinderCure | Dr. Garima Mengi
- Enhancing Child Health with Mindfulness: Insights from KinderCure’s Dr. Garima Mengi
- The Best Nail Scissors for Different Needs
- Advanced Rolfing Fort Worth Dallas Is The New #1 Paradigm Pain Manager
- Advanced Rolfing Fort Worth - Endogenous Pain Management
- Advanced Rolfing Fort Worth - Treatment Six
- Advanced Rolfing Fort Worth- Treatment 5
- Post-COVID Booster Breastfeeding: Essential for Transferring Protective Antibodies to Babies, Bolstering Infant Health
- Humeral shaft fractures: Clinical picture, diagnosis, treatment.
- How Much Stress Is Too Much Stress? The Ayurvedic Perspective
- A New Era of Personalized Healthcare
- Staying Safe with Medications at Home
- Overmedicating Youth in Care: Change is Needed
- Evolution of Healing: Uncovering the Secrets of the Body from Shamanism to Modern Anatomy
- Home Health Care in North Bellmore
- Unlocking Healthier Futures: Iron Nutrition for Children at KinderCure
- The Dangers of Drug and Alcohol Detox
- Top 7 Latest List of Medical Billing Companies in the USA
- Managing Lactose Intolerance in Children: Expert Guide by KinderCure
- Research-Based Medical Thesis Are Becoming More Important in Chicago to Advance Healthcare
- Revolutionizing Medicine: Breakthroughs in Innovative Diagnostic Technologies
- Childhood Anxiety: Navigating Challenges with KinderCure's Expert Guidance
- Strengthening Your Child’s Immunity Naturally: Proven Tips from KinderCure Clinic
- Colic in Babies: Essential Guide for Parents by Experts at KinderCure
- Playtime Revolution: KinderCure's Guide to Boosting Child Development Through Play
- Colic Relief for Infants: Expert Parenting Tips from KinderCure Clinic, Gurgaon
- Combating Childhood Obesity in India: Strategies and Success Stories from KinderCure Clinic, Gurgaon
- Understanding the Importance of Early Childhood Nutrition: Insights from KinderCure
- Diaper Rash: Prevention, Treatment, and When to See a Doctor
- Chiropractic Treatment for Neck Pain and Nerve Pain Syndromes