A generic drug is equivalent to its
brand name counterpart, but is usually much less expensive. A generic drug must
have the same active ingredients, route of administration, dosage form,
strength, and indications as the original brand product. The generic drug may
differ from the original in non-essential characteristics such as color, taste
and packaging. Generic drugs are deemed to be as safe and effective as the
brand name product. Generics cannot be sold until after the drug patent expires
on the original brand name product. Patents typically expire 20 years from the
date of filing. During this period of patent protection, only the original
manufacturer can research, develop and sell the brand name drug. When the
patent expires, other manufacturers can submit an abbreviated new drug
application (ANDA) to the FDA for approval to market the generic version.
Generic drugs have lower research costs
and increased market competition and those substantial savings are passed on to
the patient. However, generic drugs still must meet strict FDA requirements
with respect to quality, performance, labeling, manufacturing, and
bioequivalence. By law, generic drugs must have the same active ingredients as
the brand name product, and they can be expected to have the same effect when
used in place of a brand name drug.
India may be famous for its generic
drugs but patients seeking medicines like rifampicin (Tuberculosis or TB,)
lamivudine (HIV/AIDS,) artemisinin (Malaria,) oxytocin (Reproductive Health,)
fluoxetine (Mental Health,) and metformin (Diabetes) may not find generic drugs
(having no brands) easily in shops across the country. The price of branded
ones available is prohibitive, and not affordable to the common man.
This is the gist of a study published in
the latest edition of the Journal of Global Health that looked at the
availability of essential six medicines, in 124 private pharmacies across the
state, including Mumcai. The study done by researchers at Newcastle University
in UK and in Mumbai, found that the policy to open up the market has generated
a large number of medicines, but there are still not enough availability in
pharmacies.
“There has n’t been adequate
governmental intervention with regard to sales practices by pharmaceutical
companies. The Hathi Committee had years back recommended that medicine strips
mention the generic names in big and in bold print and brand names in smaller
print, but this recommendation has not been implememted.” Pure generic versions
of drugs are not available in most cities.
It is the bounden duty of the government
and the medical authorities concerned to focus their attention to see that
Generic Medicines are made available throughout the country at affordable costs
to the common man.
I am really perturbed by the recent
escalation in the prices of Allopathic medicines. This is observed especially
in the life-saving drugs that are imported; the medical lobby is looting the
public. The medical drug authorities concerned should keep a strict vigil on
them and should be penalized heavily. We are proud to know that our scientists
are successful in sending economical missions like “Chandrayan” and “Mangalyan.”
It is much more significant to achieve self-sufficiency in matters of
nutritious food, clothes, shelter and medical drugs for our people. We have
brilliant and dedicated scientists, doctors and pharmacists; the government
should provide funds liberally and encourage them to invent and manufacture the
required medicines at affordable prices to the common man. It is not advisable
to import medicines from abroad and get exploited in the bargain. Try to avoid
middlemen. I am of the opinion that it is the duty of the government to
maintain not only the quality and quantity of a product but also to control the
price of medicines and all other goods sold in market. In any event, the MRP
(Maximum Retail Price) shall not exceed double the cost price of a product and
would ensure that businessmen shall not loot the public.
Excerpts from
MEMOIRS
An autobiography
by
Joseph J. Thayamkeril
Lawyer, Kochi, Kerala, India.
josephjthayamkeril.blogspot.com
josephjthatamkeril@gmail.com
josephjthatamkeril@gmail.com
This comment has been removed by the author.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteNatural Weight Loss Remedies
ReplyDeletehttps://aksfacilities.com/
Satta King
Many people become a bit skeptical about generic drugs. The questions that the relatively cheaper drugs would be effective or not? Or are generic drugs harmful?
ReplyDeleteThere are a lot of Pharma Product Manufacturing companies in India that manufacture both brand-name and generic pharmaceutical drugs. The FDA statistics suggest that around 50% of the brand-name pharmaceutical drugs manufacturing companies manufacture high-quality generic drugs.
Very informative and impressive post you have written, this is quite interesting and i have went through it completely, an upgraded information is shared, keep sharing such valuable information. Online medical products jaipur
ReplyDeleteHey i like this blog... looking for next one.....
ReplyDeleteIf you want to know about Generic Medicine then read this informative blog...
Everything you need to know about Anxiety & Panic Disorder: What Is The Generic Medicine?
Are Generic Medicines as Good as Their Brand Names?
Buy Generic Medicine online
Visit our website:
anxietymeds.org
Thanks for sharing the content which is really helpful to understand about Generic Medicines. check various generic medicines which are helpful to good health such as Buy HCG Injections Online
ReplyDeletelook medicines like buy xtane online at best price Coming to the comparative terms between Generic Medicines and Brand medicines it is always best to go with Generic Medicines Online.
»Individuals suffering from the qualified State listed medical conditions are eligible to receive medical cannabis within Sarasota and other areas of Florida.
ReplyDelete»To begin the process, a patient must have an in-person visit with a Florida physician who is certified in compassionate use.
Marijuana cards in Sarasota
Thanks for shairing this valuable information.It is very healpful .
ReplyDeletevist here :https://www.onlinegenericmedicine.com/lumacip
https://www.onlinegenericmedicine.com/sildenafil-citrate
https://www.onlinegenericmedicine.com/tretinoin
Nice Blog !!
ReplyDeleteThanks for sharing informative blog..
keep Share information..
For GENERIC MEDICINE you can visit here at..
Buy Generic Clenbuterol Hcl Tablets
Clenbuterol Hcl Tablets
Thank you so much for sharing all this wonderful info ! It is so appreciated!!!” “You always post Impressive content. So much, information and easy to read!
ReplyDeleteAlso If you would like you can check this out related to one of the cenforce 200 cure for sexual issues in Man.
Buy medicines online for your family from the Online generic pharmacy - Trusted pharmacy store. We deliver medication in the USA, UK, Australia & other countries. Buy Generic Cialis 20mg Online from OnlineGenericMedicine that helps to treat Erectile dysfunction and Get these medicines delivered in the USA, UK, Australia. Buy Careprost Eye Drops Online a Bimatoprost Ophthalmic Solution delivered to US, UK, Australia. Order from OnlineGenericMedicine & get fast shipping within 7days worldwide.✓Original Bimatoprost 3ml of 0.03% best eyelash growth serum. This medication is used to treat infertility in women. Buy Clomiphene Citrate 50mg from OnlineGenericMedicine. Get Medicines delivered in the USA, UK. Buy Enclomiphene citrate (En-clofert 50 mg) online from OnlineGenericMedicine at the best price. We delivered Enclomiphene citrate drugs in the US, UK, and Australia with fast shipping and lowest prices.
ReplyDeleteThank you so much for sharing this information. this is very useful for medicine
ReplyDeletebuy enclomiphene citrate
Thank you so much for sharing all this wonderful information! We hope you will sharing some more information,
ReplyDeleteWe really enjoy your blog & content.For more information you can visit: buy valtrex
Sure, in this era online facilities are available in all your required field, generic medicines available all the location in usa like tapentadol tablets online , or buy Filagra 100Mg Tablets online etc.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteVery informative post. Covered almost everything. Please Keep sharing such a useful content Caverta 50mg Tablets
ReplyDeleteDouble X Power
We really enjoy your blog & content.For more information you can visit: naltrexone 50 mg tablet
ReplyDeleteBuy Soma Online (Carisoprodol) Without a Prescription at Online Generic Medicine get medicine delivered in the USA, UK & Australia, buy soma online and more information click here Onlinegenericmedicine
Caverta 50mg Tablet contains sildenafil that is informally also known as the blue pill.It is an effective medicine used for the treatment of erectile dysfunction.
ReplyDelete