generic drugs

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Definition of generic drugs in English English dictionary: *: A prescription drug that has the same active-ingredient formula as a brand-name drug A generic drug is known only by its formula name and its formula is available to any pharmaceutical company Generic drugs are rated by the Food and Drug Administration (FDA) to be as safe and as effective as brand name drugs and are typically less costly because advertising costs are not included; Less expensive drugs, but of the same therapeutic value Generic medicines appear on the market when the protection of original leading medicines, assured by a patent, is expired; Copies of innovative products sold by multiple manufacturers once any limited market exclusivity period has expired; drugs marketed under their nonproprietary name rather than a brand name; A prescription drug, which is chemically equivalent to a brand-name product, dispensed under its generic chemical name
generic drug: A generic drug is bioequivalent to a drug that has a brand name, also called an innovator drug. It will have a different name and will look different from its innovator counterpart, but the active ingredients will be the same
generic drug: when the patent protection for a brand-name drug expires generic versions of the drug can be offered for sale if the FDA agrees; "generic drugs are usually cheaper than brand-name drugs

generic drugs

Hyphenation

ge·ner·ic drugs

cınerîk drʌgz

/ʤəˈnerək ˈdrəgz/ /ʤəˈnɛrɪk ˈdrʌɡz/

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