Know More about Generic Drugs
Generic drug is the drug that you can get from any pharmacy. The drug comes in different brand names and in different colors. While the generic name of the drug remains the same, the brand name changes depending on the manufacturer. The generic medicine is made in the same way as the branded drug. They use the same ingredients, dosage, and methods of manufacturing.
The active ingredient in the medicine that offers therapeutic value to the drug remains the same in both the generic and branded drug. The manufacturer can change the inactive elements in the drug. The manufacturers usually select effective and stable elements to include in the inactive elements.
Difference between generic drug and branded drug
When a manufacturer makes a new drug, they get the exclusivity. No other manufacturer can sell the same drug during the period of exclusivity. However, this period doesn’t last for long. As such, the manufacturer gets a patent for the product. As long as the patent exists, the other manufacturers cannot change the ingredients of the drug. They have to follow the same production methods with the same ingredients. They are not allowed to use the brand name of the original drug during the patent period. Thus, they make the drug under different names.
Generic drugs must get the approval from the U.S. Food and Drug Administration (FDA) before introducing the product in the market. The FDA gives the approval after taking into consideration various factors such as the effectiveness, efficiency and the safety of the drug. The product undergoes various tests, and if the authority is satisfied with the drug, they give the approval.
Generic drugs also undergoes tests and monitoring after they get introduced in the market. The FDA keeps a close watch on the performance of the drug in the market. If somebody reports any serious side effects that are not listed in the product information, the FDA can investigate it. If they find the allegations true, they can remove or ban the drug from the market.
The active ingredient in the medicine that offers therapeutic value to the drug remains the same in both the generic and branded drug. The manufacturer can change the inactive elements in the drug. The manufacturers usually select effective and stable elements to include in the inactive elements.
Difference between generic drug and branded drug
When a manufacturer makes a new drug, they get the exclusivity. No other manufacturer can sell the same drug during the period of exclusivity. However, this period doesn’t last for long. As such, the manufacturer gets a patent for the product. As long as the patent exists, the other manufacturers cannot change the ingredients of the drug. They have to follow the same production methods with the same ingredients. They are not allowed to use the brand name of the original drug during the patent period. Thus, they make the drug under different names.
Generic drugs must get the approval from the U.S. Food and Drug Administration (FDA) before introducing the product in the market. The FDA gives the approval after taking into consideration various factors such as the effectiveness, efficiency and the safety of the drug. The product undergoes various tests, and if the authority is satisfied with the drug, they give the approval.
Generic drugs also undergoes tests and monitoring after they get introduced in the market. The FDA keeps a close watch on the performance of the drug in the market. If somebody reports any serious side effects that are not listed in the product information, the FDA can investigate it. If they find the allegations true, they can remove or ban the drug from the market.