​Generic Drugs: Issues and Concerns

Generic drugs are medications that have the same active ingredients, strength, dosage form, and route of administration as brand-name drugs. They offer a cost-effective alternative to brand-name medications, making them essential in increasing access to healthcare.

Significance

  • Cost-Effectiveness and Affordability: Generic drugs are typically sold at lower prices compared to their brand-name counterparts, making medications more affordable for a larger population.
  • Increased Access to Medications: Lower costs of generic drugs increase access to essential medications, especially in low- and middle-income countries.
  • Stimulating Market Competition: The introduction of generic drugs fosters competition in the pharmaceutical market, leading to lower prices and innovation.
  • Ensuring Drug ....
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