What are Generic Medication and Brand name medication?
A Brand Medication is one manufactured by a specific laboratory that invests into they drugs publicity (for example: Viagra of Pfizer) they have got the trademark and patent for this product. Generic medication have the same active ingredient as Brand only these are manufactured by other laboratories The results of these medication are the same since the chemical substance is the same only both are sell by different laboratories once the original laboratories patents expire or when the medication is manufacture in India where their patents are no good.
Related Questions
- A non-preferred drug is a medication that has been determined to have an alternative drug available that is clinically equivalent. If I am taking a brand name drug when a generic equivalent is available, at what co-payment level will this drug be available?
- When is a MILA participant responsible for paying the co-pay for a brand name medication which has a generic substitute?
- If brand name and generic drugs are clinically equivalent, why do some people have a reaction to a generic medication?
