Generic drugs are as useful as branded drugs

by | Jun 10, 2010 | Drugs and Medications

Search

Latest Articles

Categories

Archives

Generic drugs

Generic drugs

Generic drugs are medical products which are equivalent to drugs offered by the branded pharmaceutical companies. This is because these drugs have all the pharmacodynamic and pharmacokinetic properties of branded drugs. Nowadays, generic drugs are gaining popularity amongst people as they are available at cheaper rates. Online pharmacy is also an option to buy these generic drugs.

It has been proved that generic drugs have the same medical benefits and properties. If you are planning to order generic drugs then you need to make sure that it is FDA approved. Nowadays, you will find several general practitioners recommend buying generic drugs for several medical problems. You can also buy Canadian drugs from Canadian pharmacy.

Why generic drugs are available at lower prices?

When a pharmaceutical company launches a new drug in the market, it needs to obtain a patent for the specific drug. This patent helps them in protecting their investment as no other company can sell their drug for a specific period of time. If you are planning to purchase these drugs then you also need to pay a fraction of the research cost, transport cost, patent cost, etc incurred by the pharmaceutical company. This means that you are paying more than the actual cost of the drugs.

Once the patent time has been completed, other companies can manufacture and sell the same drug at lower price. These drugs or medications are known as generic drugs. According to rules of FDA, the manufacturers have to give a new name to the drugs. These generic drugs are cheaper as they do not include the cost of testing, researching and marketing.

One of the best things about generic drugs is that they can be purchased without any prescription. This feature helps you to save some money which will be used for visiting a doctor. Due to several online retailers, now you can also get generic drugs at your place. To know more about generic drugs, you can consult a chemist or physician.