Generic Medical Shop Near Me The need for the generic medicine is a drug that is similar to a brand-name drug, but can only be manufactured after the patent of the brand-name drug expires.Under patent protection a pharmaceutical company develops new drugs as brand-name drugs that have a large cost for research and development and further costs on promotion. We at Generic Medicine Franchise “Generilife Swast Medicine Center” have a passion for encouraging generic medicine franchisees to become entrepreneurs for the social cause of selling their needy patients through their franchise at a big discount.
This patent protects investment in drug development by giving the pharmaceutical company the sole right to manufacture and sell brand-name drugs while they are in effect and all of this affects a huge cost that is usually taken out of the patient's pocket.