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What
is a Generic drug?
When a company develops a new drug, it gives the drug two names:
The company patents the drug for 20 years giving them the exclusive and legal right to manufacture and market the drug. Once the patent expires, the drug may be manufactured and sold by other companies:
There is no difference between the manufacturing standards set for
generic pharmaceutical companies and those set for brand pharmaceutical
companies. Sometimes the generic version of a drug may have a:
from its brand name counterpart. These differences have no effect on the medical action of the drug. They are created simply to distinguish the appearance of one drug from another. Generic drugs typically are less expensive than their brand name counterparts. The majority of pharmacists agree that generics are:
When your prescription is filled with a generic drug, you can be sure that you’re getting the quality medication you need at a more affordable price. |
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