A generic drug is a such type of a drug which is a very bio equivalent to a brand name drug with in the respect to the pharmacokinetic and pharmacodynamic properties, but they are be now sold for a lower price at a cheap rate in the market. Generic medicines must contain the same active and the common ingredient at the same of the strength as the "innovator" brand, be an a proper bio equivalent; and are required to meet the same pharmacopoeial requirements for the good preparation. By the extension of a generic drug, but therefore, generics are identical in dose, strength, route of administration, safety, efficacy, and intended in use at a proper ways.
Now the principal reason for the reduced is to be a reasonable cost of a generic medicines is that these are manufacturer by smaller pharmaceutical companies but which is do not invest in an research and development into new drugs as a branded drugs. The significant research and development costs incurred by the large pharmaceutical companies in bringing a new pharmacy generic drug to the market is often cited as the reason for the high cost of new agents - they wish to recover these costs before the patent expires. Generic manufacturers do not incur these costs, with bio equivalence testing and the actual manufacturing process costing relatively little, and are able to charge significantly lower than the "innovator" brand.
Generic drugs can be legally produced for the drugs where the patent has expired, for drugs which have never held patents, or in countries where a patent is not in force. The expiration of a patent removes the monopoly of the patent holder on drug sales licensing. Thus, in some cases, the "generic" product is actually the brand product but inside a different box. But for the active ingredient of a 'generic' medication Bells Pharmacy is the best (for example, of 'generic Paxil', which is Paroxetine) is chemically identical to the active ingredient of the corresponding branded medication. Because generic medications are often much cheaper than their branded counterparts, very many people choose generics (whether buying discount medications online or in traditional retail outlets.
According to the FDA's Office of Generic Drugs: A generic drug is identical, or bioequivalent to a brand name drug in dosage form, safety, strength, route of administration, quality, performance characteristics and intended use. Although generic drugs are chemically identical to their branded counterparts, they are typically sold at substantial discounts from the branded price.According to the Congressional Budget Office, generic drugs save consumers an estimated $8 to $10 billion a year at retail pharmacies.
According to the FDA's Office of Generic Drugs: A generic drug is identical, or bioequivalent to a brand name drug in dosage form, safety, strength, route of administration, quality, performance characteristics and intended use. Although generic drugs are chemically identical to their branded counterparts, they are typically sold at substantial discounts from the branded price.According to the Congressional Budget Office, generic drugs save consumers an estimated $8 to $10 billion a year at retail pharmacies.
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