Why Generic Drugs Are Popular in US?

What are Generic Drugs...Here is the answer.

Generic drugs are mainly known as a drug sold or prescribed under the nonproprietary name of its active ingredients or under a generally descriptive name rather than under a brand or trade name. All inactive ingredients used in generic drugs are previously approved by the FDA. So two-third of prescriptions is filled with generic drugs. The reason is very simple. Doctors recommend Generic drugs as they provide the same medicines as the brands with the same results, but their prices are much more affordable for patients. The FDA also has high-quality and product-specific standards that must be adhered to for each batch of product as well as rigorous standards

Generic drugs manufactured, are required to assure the safety of their products. Based on comparisons, the FDA can determine if the brand and generic products are equivalent.

A generic medicine has to meet the same high standards as its brand counterpart to receive approval from the Food and Drug Administration (FDA). This means that the FDA must ensure that the generic and the brand have the same amount of active ingredients at the same strength, as well as the same dosage form, labeling and use. Generics must also follow the same high-quality manufacturing standards as the brand equivalents.

The Generic drugs like Generic Viagra and Kamagra are generally cheaper than the equivalent brand name drug because of much lower marketing and development costs. The principal reason for the relatively low price of generic medicines is that these companies incur fewer costs in creating the generic drug, and are therefore able to maintain profitability while offering the drug at a lower cost to consumers. The costs of these generic drugs are so low that many developing countries can easily afford.


Importance of Generic Drugs.
Generic drugs are mainly known as a drug sold or prescribed under the nonproprietary name of its active ingredients or under a generally descriptive name rather than under a brand or trade name. All inactive ingredients used in generic drugs are previously approved by the FDA. So two-third of prescriptions is filled with generic drugs. The reason is very simple. Doctors recommend Generic drugs as they provide the same medicines as the brands with the same results, but their prices are much more affordable for patients. The FDA also has high-quality and product-specific standards that must be adhered to for each batch of product as well as rigorous standards.

The Generic drugs like Generic Viagra and Kamagra Edegra are generally cheaper than the equivalent brand name drug because of much lower marketing and development costs. The principal reason for the relatively low price of generic medicines is that these companies incur fewer costs in creating the generic drug, and are therefore able to maintain profitability while offering the drug at a lower cost to consumers. The costs of these generic drugs are so low that many developing countries can easily afford.
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