Know what is Branded and Generic medicine
- Nalamaree Team
- 29 March 2024
Branded and generic medicines are two different types of pharmaceutical products. Branded medicines are those that are manufactured and marketed by a specific pharmaceutical company. These companies invest in research, development, and marketing of the medicine and usually hold a patent on the drug, allowing them to be the exclusive manufacturer and seller for a certain period of time.On the other hand, generic medicines are identical or bioequivalent to the branded medicines in terms of active ingredients, dosage, strength, safety, efficacy, and intended use. However, generic medicines are typically marketed under their chemical name and are not associated with a specific brand. Once the patent protection for a branded medicine expires, other manufacturers can produce and sell generic versions.Both branded and generic medicines undergo stringent regulatory processes to ensure their safety, quality, and effectiveness before they can be sold to the public. While branded medicines often cost more due to the investment in research and development, generic medicines are usually more affordable and can provide cost savings for consumers. It's important to note that both types of medicines provide the same therapeutic effects when used as directed.When considering the use of branded or generic medicine, it is advisable to consult with a healthcare professional to determine the most suitable option based on individual health needs and circumstances.