Volume No. :   9

Issue No. :  2

Year :  2019

ISSN Print :  2231-5683

ISSN Online :  2231-5691


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Generic Vs. Brand Medicines: An Overview



Address:   Nikita R. Nikam*, Rohan R. Vakhariya, Dr. C. S. Magdum
Rajarambapu College of Pharmacy, Kasegaon, Dist-Sangli, Tal-Walwa Maharashtra.
*Corresponding Author
DOI No: 10.5958/2231-5691.2019.00018.2

ABSTRACT:
The Indian pharmaceutical industry is the winner in the form of the most affordable formula in the world. These "generic" formulations maintain a balance of public interest as a serious disease such as cancer, AIDS, etc. In December 2011, the Indian pharmaceutical market grew by 15.7%. By law, generic drugs can not be sold until the end of the patent name, which can take up to 10 years or more. Brand names have been defined in cases where current versions are not yet available. The generic pharmaceutical product that refers to the multi-source drug product is considered "substantially identical" or a bi-equivalent for the product of a (brand name) promoter. This document addresses various aspects of generic and branded drugs, their barriers and issues related to generic and brand medicine.
KEYWORDS:
Generic, Pharmaceutical, Brand, Medicine.
Cite:
Nikita R. Nikam, Rohan R. Vakhariya, Dr. C. S. Magdum. Generic Vs. Brand Medicines: An Overview. Asian J. Pharm. Res. 2019; 9(2): 109-115.
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