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Branded v/s Generic medicine www.chawlamedicos.com
What is Generic medicine?
The generic drug are the pharmaceutical drug that is the exact copy of branded drugs with same effects ricks strength as the original. It has equivalent effects as branded drugs. Generic medicine are cost effective and have significantly reduce the price up to 90% from branded drugs. India is the leading exporter of generic medicine. Earlier the cost of medicines was very high. Now a day the cost of generic medicines is very effective with almost the same cure rate. They produce after the original patent has been expired. New formulation of drug should meet the standard set by FDA www.chawlamedicos.com
What is Branded Medicines?
A branded medicine is the original product that has been developed by a pharmaceutical company. When a company develops a new medicine, their product must undergo and pass rigorous tests and evaluations to ensure that it is both effective in curing the condition it claims to treat and safe for human use. These are known as branded drugs. Many companies launch there brands which help in cure the diseases. www.chawlamedicos.com
Branded v/s Generic Medicine
Many people become concerned because generic drugs are often cheaper than branded medicine. But the fact is Generic drugs are exactly containing the same safety, and strength as the original drug. Cost is the main difference between generic and brand name. The FDA applies the same standards for all drug manufacturing facilities, and many companies manufacture both brandname and generic drugs. Generic drugs may also have a different expiration date than brand-name drugs. www.chawlamedicos.com
THE AUTONOMY OF GENERIC MEDICINE IN INDIA A generic drug is a pharmaceutical drug. They are alternative to the brandname drugs in quality, dosage, strength and many more. You can also define it as a chemical makeup of the drug with the brand name under which the drug is sold. These drugs can only be produced and sold legally when the pre-owner of the drug delivery it someone else or the patent of the brand expires.
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Bioequivalences in Nature
It refers to the same or exact copy of the drug according to FDA generic medicine should meet the exact standard of branded drugs. It must contain80% to 125% of active ingredient that is present in brande drugs. www.chawlamedicos.com
WHY GENERIC MEDICINE IS COST EFFECTIVE THAN BRANDED MEDICINES? The main reason of low cost is they don’t have to face brand-name and manufacturing cost. Whereas the brand-name maker often invented the drug, a process that can cost hundreds of millions of dollars. Also, they have higher initial costs to develop, market. According to the FDA, the cost of generic medications, on average, 80 to 90 percent less than the brand-name. the marketing cost gets reduced as the drug is already present in The market which scientifically reduced Price gets reduced up to 90% when being compared with branded drugs and they are bio Equibalance which means they have the same molecular compound and strength which the top most priority.
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Myths about generic medicines: They don’t provide effective health-care
They are cheap because they are inferior to banded names
They are not as good as other branded drugs
They are poor copies of branded drugs
They are not safe as compared to branded drugs
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Their amount of dosage is more than branded drugs
Advantage & Disadvantage of Generic medicine
Advantage of Generic medicine
Disadvantage of Generic medicine
cost effective
lack of research work
same result
differ from active and inactive ingredients
quality assured easy available
high competition
highly safe
contamination
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WHAT ARE THE RESULTS OF THESE DRUGS? As per stats, 92% of generic drugs are effective in curing ailments. The FDA has not noticed any significant difference in both. Also, there’s no adverse effects that would harm any patient’s health
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Find a wide range of pharmaceutical products at very affordable rates on Chawlamedicos.com. We are leading suppliers of Generic & Branded medicine. We are top Generic Medicine Exporter in India. You can easily search medicine by salts. On our website you can find wide list of generic pharmaceutical companies. Just call us at +91-9999098733, QQ: 3585919783@qq.com or mail us at chawlamedicos@hotmail.com
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QQ: 3585919783@qq.com info@chawlamedicos.com Telephone: + 91-11-40366668 Skype : chawlamedicos Mr. Ravinder Singh Chawla +919999098733, 011-40366668
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