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The FDA requires that generic drugs work as effectively as
fast as the initial brand-name products. Generic drugs are
copies of brand-name drugs that have exactly the same dose,
planned usage , effects, side effects, route of
administration, risks, safety, and strength as the original
drug. In other words, their effects are just the same as those
of these counterparts. So there's no truth in the myths that
generic drugs are manufactured from centers that are poorer-
quality or are poor in quality. The FDA applies the same
standards for all drug manufacturing centers, and several
companies manufacture both medication. In fact, the FDA
estimates that 50 percent of generic drug production is by
brandname companies. Generic drugs are only cheaper as the
manufacturers never have experienced the expenses of
developing and selling a new medication. When an organization
brings a new drug on the market, the business has spent
substantial money on promotion, development, promotion and
research of this drug. A patent is granted that gives the
company that developed the medication an exclusive right to
market the medication.
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Sometimes, generic versions of a drug have various colors,
tastes, or combinations of ingredients than the original
medications. Trade mark legislation in the USA do not permit
the medication to check like the brand-name groundwork, but
the active ingredients must be the same in both preparations,
ensuring both have the exact medicinal effects. While the
patent nears expiration, manufacturers can apply to the FDA
for permission to sell and make generic versions of the drug
and without startup costs for development of this drug, sell
and other businesses can afford to make it cheaply. When
multiple companies begin selling and producing a drug, the
rivalry one of them is able to also drive the price. Lots of
folks become concerned because generic drugs are often cheaper
than the brandname variants. They wonder if effectiveness and
the high quality are jeopardized to make the products.