Do all brand-name drugs offer generic counterparts?
While all generic drugs have brand-name counterparts, not all brand-name drugs have generic counterparts. Once a brand-name drug’s patent expires or has been successfully challenged, pharmaceutical companies, like Teva Novopharm, can manufacture the generic version of the drug. We at Teva Novopharm hope this information will help you feel more comfortable about choosing a generic drug next time you are offered the choice. By choosing generic drugs, you can save money without compromising the quality of medication. In fact, according to the Canadian Generic Pharmaceutical Association, Canadians are saving approximately $3 billion annually by choosing generic drugs.
