Difference Between Brand Name Drugs and Generic Drugs | Pyxus Pharmaceuticals

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What is the difference between Brand Name Drugs
and Generic Drugs?
Pharmacy Drugs are in the highest demand
worldwide post covid-19 pandemic. The demand for
pharmacy drugs will continue to rise in the
upcoming years. The sole reason is that the drugs
are not only related to curing fever, cold, and
flu symptoms its much more beyond that. The
Pharma drugs include tablets, capsules, and
sachets for boosting the immune system, such as
multivitamins, iron, potassium, and many other
drugs consumption for a healthy lifestyle. People
are becoming health conscious and gradually
shifting towards consuming immune-boosting
drugs. When a new drug is discovered in the
Pharma Industry, it is a must to apply for a
patent to prevent other companies from producing
the same drug selling it in the market.
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The companies may take a patent right for up to
20 years, and during this period, they can sell
the drug they have discovered and earn profits on
their investment. However, once the patent
expires, other companies can produce a similar
drug, which will be known as a generic drug, not
a branded one. E.g., Metformin is a generic drug
for diabetes, and its brand name is Glucophage.
Metoprolol is a generic drug for hypertension
its brand name is Lopressor. These drugs are
known by different names in different countries.
However, their generic name remains constant. In
this blog, we will walk you through the
difference between a generic drug and a
brand-name drug.
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What are Generic Drugs?
A Generic Drug is a medication that works
similarly to a brand-name medicine in terms of
dosage, strength, safety, quality, performance
characteristics, route of administration. Gener
ic Medicines have the same active ingredients
present in brand-name medicines and provide the
same clinical benefits as a brand-name drug. You
can consume a generic drug as an equal substitute
for its brand-name drug counterpart. The primary
purpose of generic medicine is to help customers
buy the required drug for the cure within their
budget.
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Why does a Generic Drug (Medicine) look different
from a Branded Name Drug?
There are trademark laws in different countries
prohibiting a generic drug from looking the same
as a Branded Name Drug in the market. Though both
share the same active ingredients, other
characteristics should be different, such as
colors flavorings. And the manufacturer of the
generic drug must ensure that it should not
affect the safety, performance, and effectiveness
of the generic medicine.
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Why do Generic Drugs cost less than Brand Name
Drugs?
Generic Drugs are approved only after thorough
testing a rigorous review according to the
country guidelines they are getting manufactured
in. And after a set period, once the brand name
drug has been on the market exclusively. It is
done because new drugs are mostly protected by
patents prohibiting other manufacturers from
manufacturing selling the same drug. Generic
Drugs cost less because the applicants dont have
to conduct the same animal human testing that
was required for manufacturing the brand-name
drug to demonstrate its safety
effectiveness. Because of the reduction in
upfront research costs, generic drugs have the
same therapeutic effect like their branded-name
drug counterparts. And they are sold at
substantial discounts of around 80-85 compared
to branded name drugs. When a large number of
generic companies are approved for marketing a
single generic drug, more competition will exist
in the market, resulting in lower prices for
patients (customers).
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As Generic Drugs are cheaper than Brand Name
Drugs, will that affect the quality of Generic
Drugs?
Many patients face this confusion that the
cheaper the drugs, the lower will be its quality
performance. However, generic drugs are
manufactured according to the countrys
guidelines they are getting manufactured in. All
generic drugs must have the same effectiveness
and active ingredients as the brand-name
drug. For branding purposes, generic drugs are
different from brand-name drugs in terms of look,
shape, color, and taste, and they must have a
unique brand name. These areas of difference make
generic drugs different from brand-name drugs
with the same active ingredients. As mentioned
above, Generic Drugs are cheaper, and it doesnt
include the cost of research, development,
patents, marketing, promotion. But, having the
same active ingredient and being approved
according to the countrys guidelines they are
getting manufactured in, they are effective like
a branded drug.
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How do you find you are getting the right generic
drug at the pharmacy?
If your prescription contains a brand-name drug,
but your doctor permits a generic drug, the drug
label will have an active ingredient. Generic
Brand Name Drugs have the same active
ingredients. However, we recommend talking to
your doctor to get the right drug. It would be
best not to assume a drug is the same by its
appearance as it involves understanding its
active ingredients.
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Conclusion
After reading the blog, you will have firm
clarity regarding the difference between generic
and brand-name drugs in terms of ingredients,
cost, and quality. However, if you have
questions, contact us, and one of our
representatives will contact you. At Pyxus
Pharmaceuticals, we manufacture the
highest-quality Generic Drugs developed at our
WHO-GMP EU-GMP certified Manufacturing Plant in
Ahmedabad. Being one of the top 10 Generic
Medicines Manufacturing Companies in India, we
export to Africa, the Middle East, CIS Countries,
Latin America, and more. Contact us at
91-9824728969 or email at ahemad_at_pyxuspharmaceuti
cals.com for a quotation of our Generic Medicines.
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