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Brand vs. Generic

 

Though they are called "generic," these prescription medications are expected to meet the same standards required of the innovator or brand name product.

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

A Name-Brand medication is marketed under a specific trade name by a pharmaceutical manufacturer. In most cases, Name-Brand medications are still under patent protection, meaning the manufacturer is the sole source for the product but in many Countries around the world this is not the case and a generic alternative is readily available . A generic medication is made with the same active ingredients in the same dosage form as a brand name medication. The generic medication is therapeutically equivalent to the brand name medication but is sold under its chemical or "generic" name.

Are Generic medications as Effective as Brand-Name medications?

A generic medication contains the same active ingredients in the same dosage form as a brand name medication. The strength and purity of generic medications are strictly regulated. The FDA requires all generic manufacturers to demonstrate that a generic medication will have the same medical effect as its Name-Brand equivalent by measuring the rate and extent of medication absorption. The generic medication 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 Name-Brand medications.

Are Generic medications as Safe as Brand-Name medications?

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

Are Generic medications Less Expensive than Brand-Name medications?

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

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

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

Who Makes Generic medications?

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

 
 
   
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