A generic drug is the reproduction of the original drug, the active substance of which has expired the term of patent protection. To use them for sale, it is necessary to confirm that generics effectiveness is equal to original drug effectiveness. It takes several years to create an original medication and this requires a lot of money, therefore the price of originals is high (it is necessary to recoup the money spent). But eventually patent term for their production ends, and already other companies start producing the notorious generics since their production does not need to spend a lot of money because all the components of the drug have long been known.
Generics differ from the originals in the:
Everything is clear when speaking about the price, but the name, shape, and color are the intellectual property of the original developers. Therefore, generic manufacturers change the name and appearance of their product.
The world production of generics is deployed in India. The market among drugs for erectile dysfunction improvement, for example, looks like:
So generics and original drugs are an equally effective means for solving the problems of the “male erectile dysfunction”.
First of all, you need to conduct laboratory studies, identify the formula of the medication. Then the firm patent the medication and it can be admitted to the market. For this, it is still necessary that generic drug meets the medical standards of different countries. But every state has its own requirements for standards.
To do this, capital investments are needed, which pharmacological firms use for many additional studies. Money is invested in a new facility, it respects all standards, therefore, money must be returned, that is, the medicine must pay off. That’s why the new drugs are expensive.
Patent protection does not always work – time passes and it ends. And after that generics appear on the market, now any company can produce them. All data on the drug are already known, research and advertising campaigns are not required as well. A new drug should be given a name. It is consonant with the name of the original. All these circumstances lead to the fact that the price of generics is about 3-4 times less than the price of the original.
Very often buyers identify generics with counterfeits and copies. Here it is necessary to say that there are serious differences between them. Generic medications available in My Canadian Pharmacy contain the same active substance as the original. A copy is made in violation of a patent protection or at a time when protection is still valid. In addition, the copy has the same name as the original. Counterfeiting does not apply to the medication since its active substance is not medicinal, it can be made from chalk and similar substances.