Advantages and Disadvantages of Generic Drugs
August 2nd, 2008Almost everybody has at least once faced the situation when doctor prescribes you definite medications. There are many medicines that are really expensive. Persons that understand a lot about drugs can propose you to buy the same medicines at lower rate. In case you read more attentively you may find that the components comprised into the both of preparations are really identical. Then why are the prices so various? Why the popular pharmaceutical companies set so high rates for their products for the same matters?
What is the meaning of word generic? We can depict such type of preparations as generic with some statements:
Generic preparations can be utilized instead of innovative analogues. It is produced without license of the corporation developing innovative medicine. That may be proposed at the market after the expiration of the patent or some rights. All the matters that are included into the generic medicines are just the same as in their original analogues but generic pills are tested by independent experts and other agency. Why is generic medicine cheaper than brand preparation? Think about it - to develop and present new medication is a quite costly business. Surely if the company invests billions of dollars in the designing and producing of some new preparations they need to get more money to compensate it. Not every modern preparation producing is successful. Experts can determine whether the sales would be successful or not from the very beginning. The license for sale can be given just after all the researches are successfully completed. The modern medicines may get the status of drug only after a lot of experiments are done and the safety and efficiency of this preparation is proved completely. However, it does not mean that the producer will halt the research.
That goes on in order to find better application techniques and probable mixtures with other preparations. The producer has to estimate the expenses to compensate all the money during 20 years. The main earning got by the producers surely comes from the pharmacies that order lots of preparations. There are some facts that may describe so low costs proposed for generic pills:
-all the generic drugs are the complete copy of already existing pills so there are no money spent on experiments;
-as lots of persons use the original pills before their generic analogues appear the developer don't have to use money on advertising.
Low cost, does it mean it is a bad quality medication? One of the most important aims of the generic medicine producers is to get the same therapeutic action as the original medicine have got. The market of generic pills is absolutely legal and has some agencies that control it constantly. Surely such a research cannot be considered the same as a great clinical research, however, it proves that the generic preparation effect is identical to its original. As the matters utilized in process of producing are the same the side effects are the same too. That is a general world practice for well-known pharmaceutical corporations to develop not just their brand preparations but generics as well, that are of the same quality. Such generic pills are commonly offered not only by the advertising agencies but also by professional doctors so keep it in mind! Every doctor can say that generic pills is just the absolute copy of brand analogues. The producers of generic drugs require to change the name of medicine. According to the words of the personnel of online pharmacy, they do not differentiate generic medicine and the branded, and they do not realize what the is proportion of both in the assortment of their pharmacy. Such a small rate is a quite beneficial for general user that can't afford to purchase some expensive prescription medications online. The governments of lots of states resort to purchasing of generic drugs as it can help to save great deals of money. The generic pills a really spread not just in states of the third world but also in countries which are considered to be rich. For instance, there are mass buying of generic medicine in the United States of America for various state health systems and army, as well as generic medicine can be searched at pharmacies. European pharmacies say that popularity of such generic pills as generic Viagra in Europe has been permanently raising. Some of producers which propose generic drugs are being supported by governments of many states. Besides generic medicine is less costly than original on average by 50-70 percent, that makes it more available for general users. So in the end of the day, a customer chooses to expend funds on drugs of a well-known corporation, or get a cheaper generic one. Lots of scientists who have got famous names say that generic drugs industry would continue improving.
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