A generic is a copy of a brand name drug. The generics are expected to work as its brand drug. They are very important as they are cheap to buy compared to the original medicine. It makes it possible for anyone to purchase it due to a cheap price at FairPriceRx.
What does the Term generic’ Mean in Drugs?
The term generic in medicine has several meanings. To start with, it refers to the composition of a medicine chemically. It could also mean a medicine that is being offered for purchase when there is no advertising to promote the medicine. It can also refer to a medicine sold under the umbrella of another drug name.
Facts about Generic Drugs
There are a number of facts concerning generics. They work in a similar manner with the brand name drugs. They have been made in such a way that they have met the required standards so that the relevant authority accredits them. Still, they cost relatively cheaper as compared to brand name drugs.
How effective are Generic Drugs?
They works exactly like the brand. The components of these medicines are the same as in the brand drugs. The side effects, prescriptions, working period of the medication is similar to that of the brand drug. It implies that generic drugs are as effective as the original brand drugs. For the approval of this medication, the FDA must ensure that all standards have been met in terms of quality and this means they are similar to brand ones in all dimensions.
Are Generic Drugs Safe?
The short and precise answer to this question is yes. The medications are safe for use. They contain the same components contained in brand. FDA can only approve safe products, and therefore, this implies that they are safe for human beings.
Generic medication is optional to brand medication. When a patient is put under a medicine that he/she may not afford, he/she may think of generic medicines as an option. It is because these medications are cheaper and affordable. The manufacturer has not incurred a lot of cost in marketing it and hence a friendly price.
Generic vs. Brand Drugs
Generics and brands are one and the similar thing. They contain identical chemical formulae. They have the same prescription, and they work similarly including the time taken to address a certain health problem.
However, the two differ in prices. Generics are cheaper than brand drugs. The reason behind this phenomenon is that the brand drug manufacturer has incurred a lot of cost in trying to market and publicize the medicine. The cost of the medicine must cater for this. On the other hand, the generic seller finds an already established and stable market, and therefore no fee will be tied to the value of the medicine apart from the production cost.
In conclusion, it is evident that there is no difference between generic and brand. There are similar in every aspect. The only difference comes in pricing, and this makes generic drugs essential as people can afford the medications.