Info about generic drugs
June 24th, 2010Generic drug – a drug that is bioequivalent to a registered patented drug by pharmacokinetic and pharmacodynamics properties. These medicines are usually sold at a lower price than patented.
Generic drug must contain identical active ingredients with the same forces as the “carriers” must be bioequivalent and should meet the same requirements of manufacturing. Thus, in the broadest sense, generic drugs are a suppose identity in dose, strength, purpose, safety, efficacy and target use.
At the market, generic drugs issue, 10 years after the development and start of selling drugs.
After this period, any pharmaceutical company may begin to produce drugs with the same
composition. In addition, buying a certain brand drugs, you will pay extra for the brand itself. The main reason for the reduced price of generic drugs is that companies bear fewer expenses, creating a generic, and therefore they are able to offer lower prices and supporting profitability.
Generics can be legally produced when:
1) expired patent duration
2) generic company has vouched that the patents of company-brand are invalid, have no legal force or are infringed,
3) drugs have never had a patent
4) in countries where the patents are invalid.
Expiration of patent transfers monopoly of the holder of a patent for licensing of sale of drugs. This also is becoming very popular among large pharmaceutical companies to acquire the right to manufacture their own generic, or to license your product at generic companies.
The prescription medication is the medical document containing the written order of the doctor to the pharmacy for dispensing of a medical product in a certain dosage and the medicinal form with instructions of a method of application. Prescription medication – is the basis for the sale from pharmacies of most medicines. The exceptions are drugs included in the “list of drugs and medical devices to sale without a prescription”.
Many products cannot be sold without a prescription because of their use in large quantities and non-observance of rules of a dosage can cause additional health problems. In order to get a prescription for the necessary drugs required you have to get a consultation with a doctor, on absence of no contra-indications to the actual need.
However, this gives to many people – extra trouble, because sometimes you cannot personally go to the doctor. There are many sick people who cannot attend personally to the doctor’s office because of his illness. However, many online pharmacies have long been successfully solved this problem. Large selections of medicines, which do not need the presence of a prescription from a doctor, are available for each twenty-four hours a day!