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What is a generic drug?

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What is a generic drug?

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A generic drug is the exact same medication and strength as the brand name drug. It is produced by a manufacturer other than the brand name manufacturer. This can be done when the original manufacturer has lost its patent protection on a particular drug. Canada has some of the strictest guidelines and standards in the world for the production of generic drugs. This is to ensure that they will be as potent and provide the same therapeutic effect as the brand name drug. However, generic drugs are available at a lower price, saving you money.

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A Generic Drug is a prescription drug which has the same ingredients as a brand name drug. A Generic Drug may be produced after the expiration of a brand name drug’s patent. Another name for a Generic Drug is generic equivalent.

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