What are generic drugs?
Answer:
A generic drug is the brand equivalent, or bio-equivalent to a brand name drug in all of the following: dosage form, safety, strength, route of administration, quality, performance characteristics and intended use. Although generic drugs must be pharmacologically equivalent to their branded counterparts, they are typically sold at a lower price than the branded formulation.
Are drugs with the same compositions of drugs produced by Pharmaceuticals Laboratories that had developed the drug.
Drugs are usually sold under a brand name. For instance Tylenol is a well known brand name. Someone could put the exact same ingredients into a medication and sell it under a different name at a lower price. That would be a generic drug.
Generic drugs are chemical and therapeutical equivalents of brand name drugs (also known as Innovator drugs).
Generics are substantially cheaper than brand and have to be approved by the FDA. The approval process is on par with the new drugs and FDA's expectations will be no less for generics.
The main difference between generics and branded drugs are that the generic manufacturers need not conduct extensive clinical trials, instead they can prove therapeutic equivalency by conducting much simpler bio studies called bioequivalency.
Examples of famous generic drugs
Zithromax (brand); Azithromycin (generic)
Prozac - fluoxetine
Zofran - Ondansetron
Zocor - simavastatin
(m)
A generic drug (pl. generic drugs, short: generics) is a drug which is bioequivalent to a brand name drug with respect to pharmacokinetic and pharmacodynamic properties. These drugs are usually sold at a lower price than the brand name drug. Generic medicines must contain the same active ingredient at the same strength as the "innovator" brand, be bioequivalent, and are required to meet the same pharmacopoeial requirements for the preparation. By extension, therefore, generics are assumed to be identical in dose, strength, route of administration, safety, efficacy, and intended use.
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