Generics, Cheap Drugs, and How They Compare to Brand-Name Meds

In 2007, 63% of sales of prescription medicationscases. These medications still undergo approval from
within the United States were for generic drugs. Thisthe FDA, and they must also be tested to ensure
is a massive contrast to its 18.6% market share inthey retain at least 80% of the original drug's
1984. The increase is attributed primarily to changesmedicinal effects. This similarity - termed
set down by the Hatch-Waxman Act, which made itbioequivalence - does not mean that both
simpler and more cost-effective for pharmaceuticalmedications have the exact same chemical
companies to release generics to the market.composition. The FDA requirements are in place
Prior to the new regulations, pharmaceuticalsimply to ensure that both perform their functions in
companies that wanted to market a generic versionvery similar manners.
of a drug had to present separate test data to theThere may be instances when generics for a given
Food and Drug Administration prior to approval. Undermedication are not available, even on the Internet.
the new rules set by the Hatch-Waxman Act,This most often occurs with drugs that have
generic drugs no longer had to undergo that process,recently been released to the market, and thus the
saving pharmaceutical companies the time and moneypatent protections on the active ingredients are still in
required to perform a second round of clinical tests.place. Within the United States, a generic counterpart
Instead, so long as the generic counterpart wascan only be produced once the patents have expired
identical to the branded counterpart, approval couldor if the original manufacturer deems them to be
be given.impossible to enforce. The protection on patents in
Today, it is not unusual to buy medication online andother countries may vary.
find sites selling the generic version of a medicationThe choice between a generic and brand-name drug
that is much cheaper than a brand-name pill. This iscan be difficult. Both should be comparable in their
because manufacturers of generic medications incurinteractions and effects once inside the body. It is still
fewer costs than those that first developed thebest to consult a medical professional before
drug. They do not shoulder the cost of the researchchoosing one over the other. Inquire whether or not
and development of the drug or the burden ofgenerics would achieve the same effect as
conducting clinical trials. Since the pressure to recoverbrand-name drugs with a doctor before making a
from production prices is much lower, genericpurchase. However, the availability of these cheap
manufacturers can sell their products as cheapdrugs is a welcome relief during this time of change in
medication alternatives.the health care system.
Generic medication can be considered safe in most