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Generic Medications - Cognitive Information
Date Added: March 16, 2011 10:59:07 AM
Author: disrs45
Category: Health: Medicine

Nowadays you can get to know a lot about generic medicinal products. But most people don't know for certain what generic drugs mean. And as a result they are careful not to apply generic drugs though they are significantly cheaper than brand name medical products. Meanwhile, people who realize what generics represent usually give preference to such medicines and save a significant sum of money. First of all, you need to know that generic medicinal products have the same composition like branded medicines, including active substances and in-active substances. It signifies that generic drugs are identical to brand name medicinal products in effectiveness, purpose, strength, side actions and other parameters. From time to time generic medicinal products have a different composition of excipients, but it doesn't have impact on the effectiveness of the medication. The action of any medicine is conditional to the active substance, and active ingredient is always the same in original products and generic medications. Before permitting generic medicinal products to the market the study of bioequivalence is conducted. Original drug and the generic one are considered to be bioequivalent if the rate and availability after administration in an identical quantity show the same effect. If 2 drugs are regarded as bioequivalent it implies that they are identical and interchangeable. Taking into consideration that brand name drugs are new, their manufacturers need to hold full range of researches and to invest considerably to the marketing of the product. What is more, acquiring patent for the new drug is also rather expensive. As a consequence, all the expenses are included in the price for the medical product. That is why branded medications are commonly of high price. When the patent is finished other producers have a chance to produce generic drugs that are identical in composition to the brand name product. Taking into consideration that generic manufacturers don't have any R&D expenses, and no patent expenditure, they can offer considerably lower price for their medications. In conclusion, the market of generic products allows you to acquire high-quality medicines, but at a moderate price.
 
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