Generic means that the patent that the original maker had has expired therefor making the drug fair game to other companies to produce the medication. They have the exact same ingredients as they are monitored by the FDA. The only difference is that they are a lot cheaper. This is why sometime's you go to the pharmacy and a generic is not available. The patent has to run out before other companies can start to make it.
Don't fret over generic. Same drug different name!
GL!
'-)
2007-02-14 02:34:39
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answer #1
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answered by Anonymous
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Drug manufacturers are given a certain amount of time to exclusively market their drugs. Once that time period is over the patent is open and other manufacturers can make the drug. The drug made by other manufacturers is considered a generic drug. According to the FDA, the generic should be an exact copy of the original drug. The FDA does check to see that this is true. Generics are cheaper because the secondary manufacturer did not have to spend any money for R & D and so, since their cost os less they can sell the drug for less. There should be no difference between the original drug and the generic copy. Sometimes the generic manufacturer may use a different excipient (chemicals used as fillers or to help bind the materials so they can be pressed into pills) but that should not be a problem as long as the active ingredient (the actual medicine) is the same and in the same amount. I have worked in the pharmaceutical field for 25 years and can assure that, for the most part, generics are just as safe and effective as the original drug.
2007-02-14 02:40:44
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answer #2
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answered by diogenese_97 5
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There is not any cheap quality generic drugs. I have never seen any report showing that generics are any less effective or any more dangerous. The difference between Tylenol and the generic store brand is nothing. They are the exact same chemical. There's no way the FDA would allow a company to make a drug without assuring that it's the right chemical and in the right concentrations. The same applies for the drugs you need a prescription for. The only reason the name brands are more expensive is because those companies that developed them have name recognition and can charge more... and people will pay it because they just don't know. Of course, this is also why new drugs are owned exclusively by the companies that developed them, so they can make money before other people are allowed to make the same drug.
So don't ever buy name brand. Look on the back to see what the drug actually is. Then find the comparable store brand. There's absolutely no reason to buy name brand. Talk to any pharmacist and they will confirm this.
2007-02-14 02:33:27
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answer #3
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answered by yodadoe 4
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Whenever a new molecule is researched and developed by a certain process and is accepted as a drug the process is patented and marketed. Any company which intends to manufacture and market this molecule has to obtain the rights to do so by paying hefty sums to the original patent holder resulting in stiff pricing of branded drugs. Alternatively some companies develop similar molecule involving a different process which has similar pharmacological activity thus bypassing the patent rights hurdle and are able to market the drug at substantially low cost.But the original developer of the drug is forced to market it expensively because research and development of a drug involves huge investment and can do further research with the profits generated.
2007-02-14 03:17:22
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answer #4
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answered by sagar 3
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My understanding is that when drug companies develop a new drug, they receive a patent on its formula/composition that last for a limited number of years. this allows them to recover development costs. Once that expires, other firms can produce the drug. They make it cheaper because unlike the original company, they did not have to pay for the development. I assume all drugs are manufactured under similar quality standards.
2007-02-14 02:53:14
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answer #5
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answered by Anonymous
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A generic drug is the one that has no brand. It is directly named by the active substance in it.
For example, Advil is made of ibuprofen. You can ask for "ibuprofen" at a drugstore and you will receive any brand or ibuprofen pills, or no brand at all- ibuprofen. Generic is cheaper because it pays no cost of brand registration.
About the quality FDA,Ministry of Health or the equivalent institutions of other countries must give a sanitary register before the pills are sold. The laboratory must keep the quality, for patients will notice when they don't and tell pnysicians.
2007-02-14 02:40:17
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answer #6
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answered by mbestevez 7
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Generic drugs very very very loosley put are "fake" drugs that work. The ingredients used are not the same or not in the same proportions as those i the real drug but produce the same end result. Some have differnt side effects from the "genuine thing". They are very common as they are cheaper to make because their formulas are derived from the real deal
2007-02-14 02:38:32
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answer #7
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answered by poussis 1
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A generic drug (pl. generic drugs, short: generics) is a drug which is bioequivalent to a brand name drug with respect to pharmacokinetic and pharmacodynamic properties. These drugs are usually sold at a lower price than the brand name drug. Generic medicines must contain the same active ingredient at the same strength as the "innovator" brand, be bioequivalent, and are required to meet the same pharmacopoeial requirements for the preparation. By extension, therefore, generics are assumed to be identical in dose, strength, route of administration, safety, efficacy, and intended use
[edit] Reasons for cheaper price
The principal reason for the reduced price of generic medicines is that these companies incur less costs in creating the generic drug and are therefore able to offer a lower price and still maintain profitability.
Manufacturers of generic drugs are mainly able to avoid the following three costs that brand name pharmaceutical companies incur: (1) costs associated with the research and development of the drug; (2) costs associated obtaining regulatory approval (i.e. proving safety and efficacy of a drug); and (3) marketing costs.
First, Generic manufacturers do not incur the cost of drug discovery and instead reverse-engineer existing brand name drugs to allow them to manufacture bioequivalent versions.
Second, generic manufacturers do not bear the burden of proving the safety and efficacy of the drugs through clinical trials - rather, generic manufacturers must prove the bioequivalance to the existing drug.
Third, these companies receive the large benefit of the marketing that goes into pushing the innovator drug. The drugs that generic manufacturers are selling have been on the market for usually a decade or more and do not need additional advertising. For the same reason, generic manufacturers also do not give away sample doses to promote their products. The significant research and development and marketing costs incurred by the large pharmaceutical companies in bringing a new drug to the market is often cited as the reason for the high cost of new agents - they wish to recover these costs before the patent expires. Generic manufacturers do not incur these costs, with bioequivalence testing and the actual manufacturing process costing relatively little, and are able to charge significantly less than the "innovator" brand.
[edit] When can a generic drug be produced?
Generic drugs can be legally produced for drugs where: 1) the patent has expired, 2) the generic company certifies the brand company's patents are either invalid, unenforceable or will not be infringed, 3) for drugs which have never held patents, or 4) in countries where a patent(s) is/are not in force. The expiration of a patent removes the monopoly of the patent holder on drug sales licensing. It is also becoming popular for the large pharmaceutical companies to preempt the expiry of their patent by producing their own generic product, or license their own product to be branded by generic companies. Thus, in some cases, the "generic" product is actually the brand product but inside a different box.
Enacted in 1984, the U.S. Drug Price Competition and Patent Term Restoration Act, informally known as the "Hatch-Waxman Act", standardized U.S. procedures for recognition of generic drugs. An applicant files an Abbreviated New Drug Application (or "ANDA") with the Food and Drug Administration (FDA) and seeks to demonstrate therapeutic equivalence to a specified, previously approved "reference listed drug." When an ANDA is approved, the FDA adds the drug to its Approved Drug Products list, also known as the "Orange Book", and annotates the list to show equivalence between the reference listed drug and the approved generic. The FDA also recognizes drugs using the same ingredients with different bioavailability and divides them into therapeutic equivalence groups. For example, as of 2006 diltiazem hydrochloride had four equivalence groups all using the same active ingredient but considered equivalent only within a group. For an explanation of FDA terms and procedures, see "Approved Drug Products with Therapeutic Equivalence Evaluations, Preface."
[edit] Patent lifetime and research cost issues
Pharmaceutical companies may produce a generic drug when the patent expires on the innovator drug. Patent lifetime differs from country to country. The length of time before a patent expires varies for different drugs. Usually, there is no way to renew a patent after it expires. A new version of the drug with significant changes to the compound could be patented but this will require new clinical trials and will not prevent the generic versions of the original drug. Usually, generic drugs are much less expensive than the brand-name product. Some patients and physicians will hesitate to select these medications because of concerns about the quality of generic drugs. When a pharmaceutical company first markets a drug, it is usually under a patent that allows only the pharmaceutical company that developed the drug to sell it. This allows the company to recoup the cost of developing that particular drug. It costs on average around $800,000,000 [1] to develop and test a new drug before it is approved for use. After the patent on a drug expires, any pharmaceutical company can manufacture and sell that drug. Since the drug has already been tested and approved, the cost of simply manufacturing the drug will be a fraction of the original cost of testing and developing that particular drug. The brand-name drug companies have tended to litigate aggressively to extend patent protection on their medicines and keep generic versions off the market, a process referred to by critics as "evergreening."
[edit] Ensuring bioequivalence
In the USA the Food and Drug Administration (FDA) is responsible for making sure that generic drugs are "safe and effective." The approval process for generic drugs began in the late 1960s. Generic drug manufacturers were required to prove that their formulation exhibits bioequivalence to the innovator product. Over the past several years there have been studies that have shown the effectivness and safety of some generic drugs. Generic drugs are always less expensive and can save patients and insurance companies thousands of dollars supposedly without compromising the quality of care. The FDA must approve generic drugs just as innovator drugs must be approved. Bioequivalence, however, does not mean that generic drugs are exactly the same as their innovator product counterparts, as chemical differences do exist. Some doctors and patients emphatically believe that certain generic drugs are not as effective as the products they are meant to replace (ie. Prozac, Oxycontin), and consumers would undoubtedly benefit from more clinical studies done on drug by drug basis. Generic drugs start out at first being fairly expensive, however the price of the generic product decreases as the rate of production increases.
As an interesting case study in the use of generic equivalents of name-brand agents, warfarin has been only available under the trade name Coumadin in North America until recently. Warfarin (either under the trade name or the generic equivalent) has a narrow therapeutic window and requires frequent blood tests to make sure patients do not have a subtherapeutic or a toxic level. A study performed in the Canadian province of Ontario showed that replacing Coumadin with generic warfarin was considered safe.[2] In spite of the study, many physicians are not comfortable in allowing their patients to take the branded generic equivalent agents.[3]
[edit] 180 Day Generic Drug Exclusivity
The US FDA offers a 180 day exclusivity period to generic drug manufacturers in specific cases. During this period only one (or sometimes a few) generic manufacturers can produce the generic version of a drug. This exclusivity period is only used when a generic manufacturer argues that a patent is invalid or is not violated in the generic production of a drug, and the period acts as a reward for the generic manufacturer who is willing to risk liability in court and the cost of patent court litigation. There is often contention around these 180 day exclusivity periods because a generic producer does not have to produce the drug during this period and can file an application first to prevent other generic producers from selling the drug.
Large pharmaceutical companies often spend thousands of dollars protecting their patents from generic competition. Apart from litigation, companies use other methods such as reformulation or licensing a subsidiary (or another company) to sell generics under the original patent. Generics sold under license from the patent holder are known as authorized generics; they are not affected by the 180 day exclusivity period as they fall under the patent holder's original drug application.
A prime example of how this works is simvastatin (Zocor), a popular drug created and manufactured by U.S. based pharmaceutical Merck & Co., which lost its US patent protection on June 23, 2006. India-based Ranbaxy Laboratories (at the 80-mg strength) and Israel-based Teva Pharmaceutical Industries (at all other strengths) received 180 day exclusivity periods for simvastatin; due to Zocor's popularity, both companies began marketing their products immediately after the patent expired. However, Dr. Reddy's Laboratories also markets an authorized generic version of simvastatin under license from Zocor's manufacturer, Merck & Co.; some packages of Dr. Reddy's simvastatin even show Merck as the actual manufacturer and have Merck's logo on the bottom
2007-02-17 22:12:28
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answer #8
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answered by Anonymous
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