Description
Generic medicines are pharmaceutical drugs that contain the same active ingredients as their brand-name counterparts but are typically sold at a lower cost. They are bioequivalent to branded medications, meaning they work in the same way, offer the same benefits, and have the same risks and side effects. The key difference between generic and branded medicines is often their price, packaging, and, in some cases, the inactive ingredients.
Once the patent for a brand-name drug expires, other manufacturers can produce and sell the drug under its generic name. The production of generic medicines is tightly regulated to ensure they meet strict standards for quality, safety, and efficacy. They are required to pass rigorous testing by regulatory authorities like the U.S. Food and Drug Administration (FDA) or the European Medicines Agency (EMA).
Generic medicines play a crucial role in global healthcare systems by making essential medications more accessible and affordable for a larger population. They are widely used for treating various conditions such as chronic diseases (e.g., hypertension, diabetes) and acute illnesses (e.g., infections). Their availability helps reduce healthcare costs, both for individual patients and for healthcare systems, without compromising treatment outcomes.
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Contact Information
| Address |
Genericart Medicine Pvt Ltd, Sangli - Miraj Rd, Opp Reliance Petrol Pump, Bhokare Colony, Chandanwadi, Miraj, India, Maharashtra |
| Phone Number |
+91 1800 120 061 313 |
| Email Address |
support@genericartmedicine.com |
| Website | https://franchise.genericartmedicine.com/ |
