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What is the difference between generic and brand-name drugs?

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What is the difference between generic and brand-name drugs?

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Generally, the generic name of a drug is its chemical name. The brand-name is the trade name under which the drug is advertised and sold. Both contain the same active ingredients in the same dosage form and, by law, generic and brand name drugs must meet the same standards for safety, purity, strength and effectiveness before earning approval from the U.S. Food and Drug Administration (FDA).

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