Cheap Generic Drugs - Cognitive Information |
| Date Added: March 11, 2011 12:17:03 PM |
| Author: disrs45 |
| Category: Health: Medicine |
| Today you can hear a lot about generics. But the majority of people do not know for certain what generic medicinal products mean. And as a consequence they are careful not to use generic medicinal products though they are considerably cheaper than branded drugs. Meanwhile, people who realize what generic drugs constitute generally give preference to such medical products and save a lot of money. Firstly, you should know that generic medications have the same composition as branded medicines, including active substances and excipients. It signifies that generic medicines are identical to original medicinal products in effectiveness, therapeutic indications, strength, side actions, contraindications and other parameters. Sometimes generics have a different composition of in-active substances, but it doesn't have influence on the efficiency of the medication. The action of any medicine is conditional to the active substance, and active ingredient is always identical in branded products and generic medicines. Prior to allowing generics to the market the bioequivalence study is conducted. Original product and the generic one are regarded as bioequivalent in case the rate and availability after administration in an identical quantity show the same effect. If two products are considered to be bioequivalent it implies that they are identical and interchangeable. Taking into account that brand name products are new, their manufacturers have to conduct full range of investigations and to invest considerably to the marketing of this product. In addition, obtaining of patent for the drug is also rather expensive. In result, all the expenses are included in the price for the medical product. That's the reason why brand name products are usually of high price. As soon as the patent is ending other producers have a possibility to manufacture generic drugs that are identical in composition to the branded product. Taking into consideration that generic manufacturers do not have any R&D expenses, and no patent expenditure, they are able to offer significantly lower price for their products. As a result, the market of generic medicines allows you to acquire qualitative drugs, but at a reduced price. |
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