Brand name drugs versus Generic drugs
Posted on November 18 2016
The question whether brand name medications are better than their generic form has been an ongoing debate between patients and their healthcare providers. Differences and similarities between brand name and generic drugs:
Brand Name Drugs
- Also called “innovator drugs”
- Initially marketed as new chemical entities
- First version sold by the innovator manufacturer
- Copies of brand name drugs
- Produced after the original patent expires
Generic drugs are reproductions of brand name drugs that have the same dosage, intended use, effects, route of administration, etc. as the original brand drug. An example of a generic drug is Ibuprofen. The brand name for Ibuprofen is Advil®.
Cheaper does not mean lower quality
Generic manufacturers are able to sell their products for lower prices because they are not required to repeat the costly clinical trials of new drugs and generally do not pay for costly advertising, marketing, and promotion. In addition, multiple generic companies are often approved to market a single product; this creates competition in the market place, often resulting in lower prices.
There is no truth that generic drugs are inferior in quality to brand name drugs. The law applies the same standards for all drug manufacturing facilities and many companies manufacture both brand name and generic drugs.
Another common disbelieve is that generic drugs take longer to work. The law requires that generic drugs work as fast and as effectively as the original brand name products.
Friendly Island Pharmacy, Sint Maarten