Generic drugs have been approved by the FDA to be safe and effective as brand drugs because they Contain the same active ingredients. • They are identical in strength, dosage form, and route of administration. • Have the same indications, dosing and labeling. • Provides the same efficacy and safety profile to patients and hence called to be “bioequivalent”.
The generic drugs are less expensive than the brand drugs because they do not have the investment cost of research, development, and marketing. Generic drug manufacturers rarely spend money on advertising and marketing which is another important way of keeping the costs down. Brand drug manufacturers invest billions of dollars in research, development and marketing their drugs to the doctors in order to make their drug public.
The easiest way to find out the availability is to simply ask your doctor or your pharmacist at your nearest pharmacy. Another effective tool to help you identify whether your brand-name drug has any “therapeutic equivalent” version is to visit online Genericwala.com home page which gives you the equivalent generic drug available in the market.
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