generic drug

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generic drug

Generic equivalent Pharmacology A drug that is no longer under patent protection, which may be produced by any manufacturer who follows good manufacturing protocols. See Drug monograph, 'Me too' drug.

ge·ner·ic drug

(jĕ-ner'ik drŭg)
A medicine distributed under its generic (nonproprietary) name.

generic drug

A drug sold under the official medical name of the basic active substance. The generic name is chosen by the Nomenclature Committee of the British Pharmacopoeia Commission and is used in publications such a the British National Formulary . Doctors are encouraged to prescribe generic drugs as these are generally cheaper than the same drug under a trade or brand name.

generic drug

non-brand name of a drug

Patient discussion about generic drug

Q. When will a generic brand of insulin be available? The cost of insulin seems to be way too high... And with the ever rising population of diabetics, you'd think some other companies would jump unto the bandwagon with a cheaper insulin... what's up with that?

A. Unfortunately, as long as Eli Lilly has an effective monopoly on the American market and docs continue to perscribe the latest "flavor" of insulin, the situation is unlikely to change. Personally, I refuse to use Lilly's products (use Novo Nordisk insulin instead) and am still using the regular and NPH I was using 20 years ago... Also, because Type I diabetes tends to affect children, parents are naturally always seeking the next new thing. Doesn't make for an environment conducive to cheaper alternatives, which is a real shame for us all.

More discussions about generic drug
References in periodicals archive ?
The contract is for: the purchase and delivery of cancer drugs, generic drugs, anesthetics, skin cleansing foam for Hospital Pharmacies Holy Cross Cancer Center in Kielce, in accordance with:
The contract is for: the purchase and delivery of cancer drugs, generic drugs, psychotropic drugs, antibiotics, agents used for disinfection of mucous membranes and skin for Hospital Pharmacies Holy Cross Cancer Center in Kielce, in accordance with:
Far less expensive to produce than the initial drugs, generics are often made by the very same companies that produced the original drug.
CP has four key businesses consisting of a branded portfolio of hospital drugs, generics, contract manufacturing and exports.
ProspectorRx delivers up-to-the-minute pricing data on brand-name drugs, generics, medical devices and supplies, in one Web-based solution.
The companies have their strategies in place to leverage opportunities and appropriate values existing in formulations, bulk drugs, generics, Novel Drug Delivery Systems, New Chemical Entities, Biotechnology etc.
In response to feedback from previous attendees, the conference features more interactive sessions, with town hall forums and case studies on managing drug trend, value-based benefit design, transparency, Medicare Part D, specialty drugs, generics, and drug pricing changes.
The report focuses on both the regional and global trends centred around drug use and development in the following two key segments: -- Acetylcholinesterase inhibitors and -- NMDA receptor antagonists A key objective of the report is to establish the likely evolution of leading drugs, generics and launch of new drugs across the different regions in the world.
By reducing the costs of some drugs, generics make room in the system for innovative new products.
The high levels of public and private healthcare spending, means opportunities for price-competitive drugs, generics and modern branded drugs.
Users may decide when self-care is appropriate and/or medical attention is necessary, as well as make choices between over-the-counter drugs, generics and brand name medications, saving themselves and their employers money," said Jay Johnson, M.
As the pharmacological equivalent of brand-name drugs, generics must meet the same Food and Drug Administration standards required of those brand-name products; however, generics cost up to 70 percent less than brand-name medications.