Generic Vs Branded Medicine ll जेनेरिक और ब्रांडेड दवा ll Know the Truth ll Most Important.
Channel: @ATS CrEaTiVE
Date: 2023-05-15

Generic Vs Branded Medicine ll जेनेरिक और ब्रांडेड दवा ll Know the Truth ll Most Important. 
All contents in this video is for information purpose only and is not substitute for medical diagnosis or treatments of any disease. ...............
Please consult Doctor for treatments or diagnosis of any disease.
Contents in this video is as per data collected from different sourcse (Google Search, Book, Personal class note & expert opinion)
Generic and branded medicines differ in several aspects. Here are the key differences between them:
Composition: Generic medicines and branded medicines contain the same active ingredients. The active ingredient is the chemical compound responsible for the therapeutic effect of the medicine. Both types of medicines must have the same active ingredient, strength, and dosage form as per regulatory requirements.

Name and Appearance: Branded medicines are marketed under a specific brand name given by the pharmaceutical company that developed and patented the medicine. Generic medicines, on the other hand, are marketed under their generic name, which is the name of the active ingredient. Generics may have different brand names from various manufacturers. The appearance, such as color, shape, and packaging, may also differ between generic and branded medicines.

Patents and Exclusivity: Pharmaceutical companies that develop new drugs are granted patents, which provide them with exclusive rights to manufacture and sell the medicine for a certain period (typically 20 years). During this period, no other company can produce the same medicine. Branded medicines are typically introduced while the patent is in effect. Once the patent expires, other manufacturers can produce generic versions of the medicine.

Pricing: Branded medicines are generally more expensive than generic medicines. This is because the pharmaceutical company that developed the medicine invests significant resources in research, development, and marketing. Once the patent expires and generic versions become available, competition increases, leading to lower prices for generic medicines.

Market Competition: Branded medicines face limited competition during the patent period since they are the sole providers of the medicine. Once the patent expires, multiple manufacturers can produce generic versions, leading to increased competition in the market.

Regulations and Approvals: Both generic and branded medicines must meet the same regulatory standards for safety, quality, and efficacy. Generic medicines require approval from regulatory authorities to ensure bioequivalence to the branded medicine. This means that the generic medicine must have the same rate and extent of absorption as the branded medicine when administered at the same dosage. Once approved, generic medicines are considered interchangeable with their branded counterparts.

It's important to note that while generic medicines are considered equivalent to branded medicines in terms of safety and efficacy, there may be slight differences in inactive ingredients (fillers, binders) that could affect tolerability for some individuals. In such cases, a healthcare professional's advice can help determine the most suitable option.

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