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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. Patient discussion about Generic drugs. 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. Read more or ask a question about Generic drugsHow to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Over the past several years, the Pharmaceutical Business has actively sought to expand the scope of its operations with a focus on the generic drugs business, demand for generic drugs being expected to swell as governments reinforce policies to hold down medical costs. 2%) pointed out that generic drugs were cheaper by 20% or more than new drugs. Almost half of the sales value for generic drugs from Canada come from drugs not yet offered as generics in the United States, suggesting they remain under active patent protection, says the report. |
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