| Now you can get to know a lot about generic medications. But the majority of people don't know for sure what generic medicines imply. And as a result they are afraid to use generic medicinal products although they are much cheaper than brand name medical products. At the same time people that understand what generic medications represent commonly give preference to these medicines and save a lot of money.
First of all, you should know that generic drugs have the same composition like brand name medicines, including active substances and excipients. It signifies that generic medications are identical to brand name medicinal products in efficiency, therapeutic indications, strength, side actions, contraindications and other parameters. Sometimes generic products have a different composition of in-active substances, but it does not influence the efficiency of the medicine. The action of any drug is conditional to the active substance, and active ingredient is always identical in original products and generic medicinal products. Prior to permitting generics to the market the bioequivalence study is conducted. Original medicine and the generic one are considered to be bioequivalent in case the rate and availability after being administered in an identical quantity have the same effect. If 2 drugs are regarded as bioequivalent it implies that they are identical.
Taking into account that brand name medications are new, their manufacturers have to conduct different kinds of investigations and to invest significantly to the marketing of the product. Furthermore, obtaining patent for the drug is also rather expensive. In result, all the costs are included in the price for the product. That is why branded drugs are generally of high price. When the patent is ending other manufacturers get a possibility to produce generic medicinal products that are identical to the branded product. Taking into consideration that generic manufacturers don't have any research and development expenses, and no patent expenditure, they are able to offer considerably lower price for their medicines.
As a result, the market of generic products permits you to acquire high-quality medications, but at a moderate price. |
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