What is another term for generic drug?
A drug can be listed by either its brand name or its generic name.
The brand name is what the company that makes it has labeled it and the generic name is its chemical name.
Tylenol (brand name).....Acetaminophen (generic or chemical name)
Motrin (brand name)......Ibuprofen (generic or chemical name)
Prilosec (brand name)....Omeprazole (generic or chemical name)
Benadryl (brand name)...Diphenhydramine (generic or chemical name)
A drug usually has one generic name but because many are very complicated chemical compounds, more than one is possible - for instance, sulphamethoxine and sulphadimidine are the same drug/compound. A drug, when approved, has one brand name & one generic name. The generic manufacturers must use the same generic name but can make their own trade names.
Martin A. Voet has written: 'The generic challenge' -- subject(s): Drug Industry, Drug Legislation, Drugs, Drugs, Generic, Economics, Generic drugs, Generic substitution, Law and legislation, Legislation & jurisprudence, Legislation, Drug, Patent extensions, Patents, Patents as Topic, Pharmaceutical biotechnology
The patent for Celebrex expires in 2013. It is expected that once Celebrex goes off-patent, several companies will begin manufacturing a generic Celebrex drug. Normally in the United States, one company is given 180 days of exclusivity to manufacture a generic version of a drug. After 180 days, other manufacturers of generic medications will likely begin making a generic form of Celebrex. No. Celecoxib is the active ingredient in Celebrex, but it is not a…
There is no difference in the active ingredients in the brand name or generic name. The only difference is the brand name is more expensive. The generic is the name of the drug. The brand name is the name a company gives the drug . An example is Bayer aspirin......the name Bayer is a company name but the main ingredient is aspirin. Aspirin is the drug. You can buy generic aspirin under its drug name…