Both generic and brand name drugs fall under the same governance thus calling for adherence of the set standards to ensure that uniformity in quality is put into focus. In a situation where the brandname drugs are off patent, the market will otherwise open up to generic versions. As per FDA, generic drugs should have the same active ingredient, dosage strength, route of administration and should be the same dosage form as that of the brand name drug even though they have different inactive ingredients and Generic drugs are copies of brandname drugs that have exactly the same dosage, intended use, effects, side effects, route of administration, risks, safety, and strength as the original drug.
In other words, their pharmacological effects are exactly the same as those of their brandname counterparts. Generic drugs are significantly cheaper than brand name drugs, because the makers of generic drugs do not have to cover the cost of developing and marketing a new product.
According to the FDA, a generic drug is typically 80 Consumers often question why generic drugs are much cheaper than the brandname version. Well, as reported by Consumers Union and Consumer Reports Best Buy Drugs, generic drugs are cheaper because the generic companies dont have the startup costs of advertising, producing, and researching the product.
The generic name is the drugs scientific one and the brand name is what the companies call it to market it well. The same rules apply to prescription drugs in addition to over the counter drugs. An example of this is the brand name pain reliever Tylenol with its generic name being acetaminophen. Feb 22, 2015 At the end of that time period, any manufacturer that can prove that it can achieve the same drug concentrations in the blood that the brand name does can make a generic.
Manufacturers of generics arent required to do studies in people to prove safety. (About half of generic drugs are actually made by the same companies making the brandname versions.
) In the end, the variation in performance between brand names and generics is about the same as To do this, the generic drug manufacturer must ensure that the drug they are producing contains the same active ingredient(s) as the brandname product, in the same dosage form, at the same dose or concentration, and for the same route of administration (for example, amoxicillin 500 milligram (oral) capsule).
The generic drug must follow the same distribution patterns and be metabolized and eliminated from the body like the brand name drug. Basically, the FDA ensures that a generic drug contains the same active ingredient in the same amount, and does the same job as the brand name product before it can be used as a substitute.