Generic Drugs Pharmacies

What are Generic Medications?
The brand name is the name under which a new innovator drug is developed and marketed.
When the patent of a brand-name medication expires, other companies can introduce generic
versions.

Generic drugs are considered identical or bioequivalent to their brand-name equivalents. They
contain the same active substance as the original brand product and have the same quality,
efficacy and safety, but are considerably less expensive. The price of the generics is 30%-80%
lower than the price of the equivalent brand product.

Generics provide a major benefit to society, as they enable access to quality, safe and effective
medicines. Increasing the range of generics is essential for the healthcare. About 50% of all
prescriptions in the United States, and more than 40% of all prescriptions in Canada are filled
with generic drugs.