Generic vs Brands: Media Hype and Facts II – Blog Post #475 by Asrar Qureshi
Generic vs Brands: Media Hype and Facts II – Blog Post #475 by Asrar Qureshi Dear Colleagues! This is Pharma Veterans Blog Post #475. Pharma Veterans welcomes sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Continued from Previous…… After having examined the DRAP document, we now take up the matter of Generics and Brands in more detail. First a few basic things. A generic drug is a later version of a drug originally developed by the innovator company. It resembles the innovator drug in many respects but differs in finer details. The efficacy and safety profile are considered to be similar. Generic drugs are sold all over the world and they have become mainstay of common people’s treatment owing to their prices which may be anywhere 20 – 80% lower than the innovator drug. Eve...