WHO stated that the generic drugs are the pharmaceutical compositions which are interchangeable with the pioneer’s drugs. Requirement of the license is not the priority for its manufacturing. They are marketed after the branded drugs got expired. Generic drugs are advertised under their chemical name. These drugs are regulated according to the government norms as they are not associated with any of the private firms. The core ingredient is formulated as an original formulation. That’s why the generic drugs are cheaper than the branded one. Even the poorest of all can afford it. They are as effective as the branded drugs in terms of their mode of action, its efficacy. The marketing of generic drugs is rising day by day in many countries because they are safe, easily available and inexpensive.
Due to its varied advantages, the acceptability of generic drug is increasing among the developed countries. Doctors are also prescribing these medicines to their patients as they are less harmful.
Generic Medicines are those medicines which have similar Pharmaceutical active ingredient in its formulation. These medicines are similar with the Branded medicines in the following ways:
- Route of administration,
- Mechanism of action,
- Dosage form; in liquid form or in tablet form or in parental form,
- Equivalent dose to that of branded drugs.
Safety or Eficacy
Generic medicines are highly safe or efficient to that of branded drugs. These medicines possess same action, dosage form, side effects and adverse effects.
These medicines are very cost effective, so that the normal man can easily afford them. These medicines are easily available in the market.
Manufactures of these medicines need not to file a patent for these medicines. These medicines are the copies of brand name medicines.
These manufactures do not hire any agent for the promotion of these medicines.
Clinical trials are not performed on these medicines.
These medicines are approved by FDA (Food and drug administration) agency. The manufacturing of these medicines must be carried out under the rules; GMP principles. So they have the same quality standards as compared to brand name drugs.