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What Generic Pills Is - And What It Is Not

Date Added: June 09, 2017 08:06:33 PM
Author: Mallory Auld
Category: Health

A generic drug is the same as it's brand name counterpart, but is much less expensive usually. A generic drug will need to have the same substances, route of administration, dosage type, strength, and indications as the original brand product. Generic medicines are accepted by the U.S. Food and Drug Administration, and are deemed to be buy online uk as effective and safe as the brand name product. Generics can't be sold until after the medication patent expires on the original brand name item. For instance, generic fluoxetine cannot be sold until the patent acquired expired on the brand equivalent Prozac. A drug producer applies for sale in australia a patent to protect their medication from being copied and sold by another firm and losing profits. Patents expire twenty years from the day of filing typically. During this time period of patent security, only over the counter philippines initial manufacturer can study, develop and sell over the counter mexico brand name drug. When the patent expires, other manufacturers can post an abbreviated fresh drug software (ANDA) to the FDA for authorization to market the generic version. Generic drugs have lower research costs and improved market competition and those substantial savings are passed on to the patient. However, generic medications still must meet rigorous FDA requirements regarding quality, performance, labeling, making, and bioequivalence. For legal reasons, generic drugs will need to have the same active ingredients as the brand product, and they can be expected to have the same effect when used in place of a brand drug.