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Generic drugs are not as expensive as the patented drugs because they are not under patent protection. The manufacturers of generic drugs do not have to pay for the research and development costs that the manufacturers of patented drugs do. Generic drugmakers also don't have to worry about recouping those costs through high prices.
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Andrew Tykotski
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∙ 14y agowhy are generic drugs not as expensive as the patented dugs?
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What are some divisions in the pharmaceutical industry?
The ethical drug segment of the industry is further subdivided into "patented" and "generic" prescription drugs.
When did generic drugs gain acceptance?
Generics, markedly cheaper therapeutic and chemical equivalents of prescription patented medicines, went into production once the patent protection on a prescription drug expired.
Generic Prescriptions are Less Expensive But as Effective as Name Brand Drugs?
Name brand and generic prescriptions differ mainly in cost, with generic versions being less expensive. Generics also may differ in appearance, packaging, preservatives and taste. These less expensive versions of prescription drugs, however, must contain the same active ingredients as the name brand drug and should be administered in the same manner, such as through liquid form or oral capsules, as well as in the same dosage.
What has the author Donald O Beers written?
Donald O. Beers has written: 'Generic drugs' -- subject(s): Patent extensions, Generic substitution, Drugs, Law and legislation, Patents, Generic drugs
What does generic statute code means?
Generic prescription drugs
What is citalopran generic for whaT DRUG?
Generic drugs are copies of brand-name drugs that have exactly the same dosage, intended use.
Generic drugs are drugs that contain the same active component as proprietary drugs?
Yes, generic drugs are the same chemical as a brand name medication. An example is Clonazepam, the generic name of Klonopin. Both are the same things. Generic medications are cheaper than brand names because you are not paying for the advertising that the name has contributed to.
Are generic and prescription drugs the same?
Yes. So-called 'generic' drugs are made to the same formulation as the name-brand products.
When was the kitchen table patented?
Generic kitchen tables are not patented, nor can they be. Almost any relatively large flat surface in a kitchen can act as a kitchen table.
What has the author Jeffrey Yorke written?
Jeffrey Yorke has written: 'FDA ensures equivalence of generic drugs' -- subject(s): Costs, Drugs, Generic drugs, Generic substitution, United States, United States. Food and Drug Administration
Who sells the cheapest generic drugs?
Kroger
Is the drug Naproxen a generic drug?
Yes it is generic name. It belongs to the class of drugs called non-steroidal anti-inflammatory drugs
