Download Generic Medicines List 2023 PDF
You can download the Generic Medicines List 2023 PDF for free using the direct download link given at the bottom of this article.
|File name||Generic Medicines List 2023 PDF|
|No. of Pages||88|
|File size||1.3 MB|
|Date Added||Feb 25, 2023|
Overview of Generic Medicines
Generic medicines are drugs that are equivalent to their brand-name counterparts in terms of quality, safety, and efficacy. They contain the same active ingredients, have the same dosage form, strength, and route of administration as the brand-name drug. The main difference between generic medicines and brand-name drugs is the price. Generic medicines are typically less expensive than their brand-name counterparts because the manufacturers of generic medicines do not have to spend money on research and development, advertising, and marketing. Instead, they can focus on producing high-quality medicines that are affordable for patients.
Generic medicines are approved by regulatory authorities such as the US Food and Drug Administration (FDA) and the European Medicines Agency (EMA) after they have demonstrated bioequivalence to the brand-name drug. This means that the generic drug has the same rate and extent of absorption as the brand-name drug, and it reaches the same concentrations in the blood at the same time.
Generic medicines have revolutionized the healthcare industry by providing affordable and accessible treatments to patients. They have also played a crucial role in improving public health by increasing the availability of essential medicines, particularly in developing countries. In addition to their cost-effectiveness, generic medicines also offer a wider range of treatment options, promote competition in the pharmaceutical industry, and reduce the burden on healthcare systems.