"Guide to Generic Medicine: Definition, Benefits, and Uses | All You Need to Know"

  Difference Between Brand Name and Generic Drugs Brand name drugs and generic drugs are both medications used to treat medical conditions, but there are some key differences between the two. A brand name drug is a medication that is patented and marketed under a specific name by a pharmaceutical company. It is usually more expensive than its generic counterpart because the company has invested time, money, and resources in researching, developing, and marketing the drug. On the other hand, a generic drug is a medication that is equivalent to a brand-name product in dose, strength, quality, and intended use, but does not carry the brand name. It is usually much cheaper than the brand-name version because the original drug's patent has expired, allowing other companies to produce and sell the medication. The active ingredient in generic drugs must be the same as the active ingredient in the brand-name product. In addition, generic drugs must meet the same quality standards as their

  Generic medicines are identical copies of brand-name drugs, with the same active ingredients, dosage form, strength, intended use, and quality as the original. They are approved by regulatory agencies such as the FDA or the European Medicines Agency (EMA) and sold at a lower price than the branded version. Generic drugs are safe and effective and work the same way as brand-name drugs. They are an affordable alternative to expensive brand-name drugs, helping to lower healthcare costs. It is important to note that a generic drug must meet the same standards of quality, safety, and efficacy as the brand-name drug, and it must be proven bioequivalent, meaning it is absorbed into the body in the same way as the brand-name drug. It is also important to consult with a healthcare professional before switching from a brand-name drug to its generic equivalent, as there may be differences in how the body absorbs and reacts to the drug. Generic medicine is less expensive Yes, that is correct. G