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A generic medication is the same as it's brand counterpart, but is much less expensive usually. A generic drug must have the same substances, route of administration, dosage form, strength, and indications as the initial brand product. Generic medications are approved by the U.S. Food and Drug Administration, and over the counter medicines so are deemed to end up being as safe and effective as the brand product.

Generics can't be sold until following the drug patent expires on the initial buy australia brand name product. For example, generic fluoxetine could not be sold before patent had expired on the brand equivalent Prozac. A medication manufacturer applies for a patent to safeguard their medication from getting copied and sold by another company and losing profits.

Patents typically expire 20 years from the date of filing. During this time period of patent safety, only the original manufacturer can analysis, develop and sell the brand name drug. When the patent expires, other producers can post an abbreviated new drug software (ANDA) to the FDA for approval to market the generic version.

uk cheap Generic drugs have lower research costs and increased market competition and those substantial savings are offered to the individual. However, generic drugs must meet tight FDA requirements with respect to quality still, performance, labeling, developing, and bioequivalence. By law, generic drugs must have the same active ingredients as prices in canada the brand name product, and they can be expected to have the same impact when used in place of a brand drug.