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Priyanka December 25, 2023 04:27 2978 0
Generic Medicines are generally more affordable than brand-name drugs, making healthcare more accessible and reducing expenses for patients and healthcare systems.
Questionnaire
Context: Recently, the Union government directed pharmaceutical companies to implement the revised Good Manufacturing Practices (GMP).
Feature | Branded Drugs | Generic Medicines |
Active Ingredient | Same active ingredient as the generic drug | Same active ingredient as the brand-name drug |
Effectiveness | Must undergo rigorous clinical trials to prove effectiveness | Must demonstrate bioequivalence to the brand-name drug |
Cost | More expensive than Generic Medicines | Less expensive than brand-name drugs |
Patent Protection | Protected by patents for 20 years | Not protected by patents |
Marketing | Heavily marketed by pharmaceutical companies | Not as heavily marketed as brand-name drugs |
Availability | Available in limited quantities | Widely available |
Must Read | |
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