Sunday, November 23, 2008

Save Bills With Generic Pills

If you want to save your money that you spend on the drugs then go for the generics. “Save Bills with Generic Pills” is the new policy that is approved by the US government. You can save more than half of the money that you spend on the drugs, if you go for the generic versions of the drugs. Generic Pills are easily available in the market at the each and every pharmacist. You only need is to get the prescription from the doctor about the generic pills or for the branded pills and then ask to the pharmacist for the generic pills for the branded drug. You will be surprised to know that generic pills are the most selling drugs in the market. No need to worry while buying the generic pills as they are best in the quality and are approved by the Food and Drug administration in United States and also by the major scientific organizations in the world.

Generic Pills
are absolutely safe as they are brought to the market only after checking the quality standards and the clinical trials. It is mandatory for the generic pills to contain the same active constituent like the branded drugs and also in the same concentration. Thus, generic pills should be the pharmacological and pharmacodynamic equivalent of the branded drugs. Generic pills are identical or bioequivalent to their brand name counterparts. Generic pills should be similar in strength when compared with the original brand name drug. Side-effects of the generic pill can be less, but can not be more than the original brand name drug. Thus, if generic pills are exactly as per the above mentioned points then generic pills are approved to be sold in the market.

Generic pills are saving the money of both, the generic drug manufacturers and consumers. The generic pills are available in the market at very low cost because the generic pills manufacturer don’t have to pay any more money on the research of the drug as it is already done by the brand name drug manufacturer. Generic pill manufacturer only follows the same formulation used by the brand name drug manufacturer. The money spend on the clinical trials is also saved by the generic pill manufacturer as they are already carried by the brand name drug manufacturer. Advertisement and promotion is not required by the generic drug manufacturer. The lot of money is saved of the generic pill manufacturer. Thus, generic pills are available in the market at very low cost.

When costs of generic pills are compared with the cost of original drug they are found be less than the half of the cost of the original brand name drug, but still generic drugs are similarly effective like the brand name drug. Competition is seen between the generic drug manufacturers and brand name drug producers with similar therapeutic uses. Generic pills are now prescribed by the doctors following the step therapy as insurers are forcing the doctors to prescribe the generic drugs. Generic pills save an amazing two-thirds off the cost of a typical branded prescription, or about $700 a year. Generic pills are easily available in the market and they even do not require the prescription depending on the rules in the country in which you are buying them.

Generic pills manufacturers are making the double profits and saving the lots of money, which lead this manufacturer to earn a lot of money. Even consumers prefer the generic pills because of the low prices. Last year showed the tremendous increase in the growth of prescription of the generic pills. The figures show that 20% of the growth in sales was observed. Thus, if you are still not purchasing the generic pills, then please think of it twice, as you are wasting lots of money in buying the branded drugs. Use generic pills, save money, and enjoy the same benefits like the branded drugs

No comments: