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Generic Drugs - Things To Remember |
| Date Added: March 18, 2011 05:52:37 PM |
| Author: disrs45 |
| Category: Arts: Crafts: Origami |
| Now you can hear a lot about generics. But most people do not know for sure what generic drugs signify. And as a consequence they are afraid to use generic medicines although they are considerably cheaper than branded medicinal products. At the same time people that understand what generic medications represent generally give preference to such medications and save a considerable amount of money. Firstly, you should know that generic medicinal products have the same composition like brand name medicines, including active ingredients and in-active substances. It means that generic medications are identical to brand name medical products in effectiveness, purpose, strength, side effects and other parameters. Sometimes generic medicines have a slightly different composition of excipients, but it does not have influence on the effectiveness of the drug. The action of any medicine is conditional to the active ingredient, and active ingredient is always the same in branded products and generics. Before permitting generic medicines to the pharmaceutical market the study of bioequivalence is conducted. Branded medicine and the generic one are considered to be bioequivalent if the rate and availability after being administered in an identical quantity show the same effect. In case 2 medicines are considered to be bioequivalent it signifies that they are identical. Taking into account that branded medications are new, their producers need to conduct different types of investigations and to invest considerably to the marketing of the product. In addition, acquiring patent for the product is also rather expensive. As a result, all the costs are included in the price for the medical product. That is the reason why branded drugs are generally of high price. As soon as the patent is ending other manufacturers get a possibility to manufacture generic medicinal products that are identical to the branded product. Taking into consideration that generic producers don't have any R&D expenses, and no patent expenditure, they can offer considerably lower price for their medicines. In conclusion, the market of generic medicines allows you to acquire high-quality medications, but at a reasonable price. |
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