Saturday, March 7, 2015

Advantages and Disadvantages of Generic Drugs

      We know that brand name drugs are expensive. This is why it have been developed many generic drugs with the same active ingredients of the popular brands. This has boomed because it is a relief to the consumer's pocket. Some prefer not to trust them, but others choose them because of the low price.

Why these medications are so inexpensive?

     For a generic drug is released to the market, the drug must exist for brand name drug before. This medicine tends to be very expensive, since they have processing costs that are required for preclinical and clinical researches and promotional campaigns. For this they have 10 years of marketing exclusivity, during which time they can recover the costs invested. After those 10 years laboratories authorized health requirements use the same active ingredients to produce very similar to trade name drug, but at a lower cost, since the development of this product does not carry the costs of research already carried the brand name drugs. Here are some advantages and disadvantages of the use of generics:

Benefits


- Price: The main reason why the consumption of these drugs is preferred, since the price implies a saving of 30% to 50%.
- Safety and effectiveness: All generics are reliable, since active ingredients containing spent 10 years or more at the market.
- Quality: Very assured, since it requires legislation of the Health Authority for marketing authorization.


Disadvantages

- Availability: No availability even of all generic medications popular brand.
- Appearance: The color, size and taste may vary.
- Different excipients: That is, the additional ingredients that help active function effectively.





      I agree to the use of these generic drugs made providing excellent quality to the consumer and safety. Furthermore, with the economic situation we face daily, is not bad find other options to give us an aid to our pockets, if they have the same function as a brand name drug. Some people prefer to consume brand name drugs for their confidence in the market. In my opinion, if you can pay for these drugs is fine, but if you can not do it, there are generic as another option. It is very important to counsel patients about the use of such drugs, because often wary because they are unaware that the efficacy and safety of the drug is the same and many do not have the facility to pay a popular brand product.

     Developments such as these make society progresses, for the purpose of creating generic medications cause a well both the consumer and the producer. This opens the availability of drugs for a variety of consumers: those with economic facilities that can defray brand names drugs and those without economic facilities seeking equivalents of the medicines that they need.


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