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Business Links ArticlesArticle Details
All About Generic Medications |
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| Date Added: March 19, 2011 12:43:27 AM | |
| Author: disrs45 | |
| Category: Shopping | |
Today you can get to know a lot about generic medical products. But the majority of people don't know for sure what generic medical products signify. And in result they are afraid to apply generic medications though they are much cheaper than branded medications. At the same time people that understand what generics constitute usually show preference to such medicines and save a considerable amount of money. First of all, you need to know that generic medicines have the same composition like branded medications, including active ingredients and excipients. It implies that generic medical products are identical to branded medicinal products in effectiveness, indications, strength, side actions, contraindications and other parameters. From time to time generic drugs have a different composition of in-active substances, but it doesn't have impact on the efficiency of the drug. The action of any drug is conditioned to the active ingredient, and active substance is always identical in original products and generics. Prior to permitting generic medical products to the pharmaceutical market the study of bioequivalence is held. Brand name medicine and the generic one are regarded as bioequivalent if the rate and availability after administration in an identical quantity have the same effect. In case 2 products are considered to be bioequivalent it implies that they are identical. Taking into account that brand name medications are new, their producers have to hold different sorts of investigations and to invest significantly to the marketing of the product. Furthermore, acquiring patent for the drug is also rather expensive. As a result, all the expenses are included in the price for the medical product. That is why brand name medications are generally of high price. When the patent is ending other manufacturers get a chance to manufacture generic drugs that are identical in composition to the branded product. Taking into account that generic manufacturers don't have any R&D expenses, and no patent costs, they can offer significantly lower price for their medicines. In conclusion, the market of generic drugs allows you to obtain qualitative drugs, but at a reasonable price. |
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