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The FDA requires that generic drugs work as efficiently as
fast as the unique brand-name services and products. Generic
drugs are copies of brandname drugs which have the exact same
dosage, intended usage , effects, side effects. In other
words, their pharmacological effects are exactly the same as
those of the brand-name counterparts. So there's not any truth
from the urban myths that generic drugs are stated in
facilities that are poorer-quality or are poor in quality to
drugs. The FDA uses the same standards for all medication
manufacturing facilities, and several companies fabricate both
generic and brand name drugs.
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In fact, the FDA estimates that 50 percent of generic drug
production is by brand name companies. Generic drugs are far
more economical because the manufacturers never have
experienced the expenses of selling and developing a new drug.
When a company brings a new drug onto the marketplace, the
firm has spent substantial money on promotion, development,
marketing and research of their drug. A patent is given that
gives the organization that developed the medication an
exclusive right to promote the drug as long as the patent is
in effect. Some times, generic versions of this drug have
various colors, flavors, or combinations of inactive
ingredients than the medications that are first. Trademark
legislation in the United States do not permit the medication
that are generic to look like the preparation, but the active
ingredients have to be the same in both preparations, ensuring
both have the same effects. Since the patent nears expiration,
manufacturers can apply to the FDA for permission to make and
sell generic versions of the drug and without startup costs
for development of their medication, additional companies are
able to afford to sell and make it cheaply. The rivalry one of
them can drive the price, when multiple businesses begin
selling and producing a drug. Many people come to be concerned
because drugs are often cheaper than the brand-name variants.
They wonder whether the quality and efficacy have been
compromised to create the products that are more affordable.