Myths & Facts
lets look on what are the Myths & Facts about Generic Medicines
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Myths & Facts about Generic Medicines
Generic Drugs are Patent Expired Drugs so any another company can manufacture it easily. Cost of R&D will not be required so less in price.
Myth : Lets Generic Drugs differ from the Brand Name counterpart by upto 45%
Fact : This Claim is false. Anyone who repeats this myth does not understand how FDA reviews & approves Drugs.
Myth : People who are switched to a Generic Drugs are risking treatment failure.
Fact : There is no any evidence for this claim. If someone switched to Generic Drugs around the time they are replacing.They may attribute the problem to switch.
Myth: Generic Drugs cost less because they are inferior to Brand Name drugs.
Fact : Generic manufacturers are ble to sell their products for low prices, not because products in Lesser Quality but because Generic Manufacturers do not engage in Costly Advertising , Marketing & Promotion or R&D.
Myth : FDA's enforcement action against Generic Drugs for Quality Problems.
Fact : FDA’s actoin demonstrate commitment to safe Generic Drugs.
Myth : Brand name drugs are safer than Generic drugs.
FDA receives very few reports of adverse events of specific Generic Drugs.They are related to side effects of drug ingredients itself.
Myth : FDA dose not care about concerns over Generic Drugs.
FDA actively engaged in making all regulated products including Generic Drugs safer.