Why does Caterpillar recommend generic prescription drugs when a brand is prescribed by a physician?
The main issue raised is the quality of generic medications vs. their branded counterparts. As stated, Caterpillar touts the quality of our genuine parts against those of our competitors. Caterpillar makes parts using proprietary methods and mix of compounds and metals we do not share with our competitors. Whereas, once a prescription medication loses its patent protection and generic manufacturers can begin selling generic versions of the branded drug the FDA mandates that these medications are copies of the original versions. The branded manufacturers are required under the Hatch-Waxman Act to disclose the exact molecular structure to create the medication. These generic versions are required by the FDA to fall within 5% efficacy and safety of the branded drug. These drugs are tested and approved by the FDA and their manufacturing process is periodically evaluated by the FDA unlike engine and tractor parts where there is no regulating body to ensure equivalent performance standards.
Related Questions
- What percentage of the total number and cost of prescription drugs covered by the province do generic and brand drugs account for?
- Are online generic prescription drugs as effective as online brand name prescription drugs?
- Are generic drugs the same as name brand drugs? Is Atrovent available in generic form?
