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May 14, 2024 · What is a generic drug or brand name drug? A generic drug is a medication that has exactly the same active ingredient as the brand name drug and yields the same therapeutic effect. It is the same in dosing, safety, strength, quality, the way it works, the way it is taken, and the way it should be used.
When a drug is approved by the Food and Drug Administration (FDA—the U.S. government agency responsible for ensuring that drugs marketed in the United States are safe and effective), it is given a. Generic (official) name. Brand (proprietary, trademark, or trade) name.
Mar 16, 2021 · A generic drug is a medication created to be the same as an already marketed brand-name drug in dosage form, safety, strength, route of administration, quality, performance...
Dec 23, 2021 · Though the names are different, generic and brand-name drugs work the same. According to the FDA, generic drugs are just as effective as their branded counterparts. Generic name drugs typically cost about 80% to 85% less than branded drugs. Hiraman/iStock via Getty Images.
A generic drug is identical--or bioequivalent--to a brand name drug in dosage form, safety, strength, route of administration, quality, performance characteristics and intended use.
Dec 15, 2020 · Wondering about generic vs brand-name drugs? We explain the differences, Medicare and other insurance coverage, and how to know which is best for you. Healthline
Jul 21, 2022 · A generic drug is a “bioequivalent” – a chemical copy – of the original brand-name medication. It must be made with the same active ingredient (s), work the same way and provide the same benefit (s) as the brand-name drug.
