Generic vs Brand Name

What is a generic drug?
Generic drugs are “copies” of brand-name drugs that have exactly the same quality, active ingredients, intended use, effects, safety, and strength as brand-names.

Why are generic drugs less expensive?
Companies that develop brand-name drugs pay for years of research and development. Once a brand-name drug is ready, a patent is granted allowing the company an exclusive right to sell the drug. Introducing the brand-name drug to the medical community and the general public is expensive; just watch TV for a few minutes and you will likely see an ad for a brand-name drug.

Once the patent expires, other companies can apply for permission to make and sell a generic copy. Generic drugs do not require the research, development or any of the marketing costs—and those cost savings are passed on to you, the consumer.

Are they safe?
Yes. Generics are subject to the same standards as brand-name drugs, and are monitored by the FDA. They are required to have the same quality, strength, purity and stability as their brand-name counterpart.

For quick facts about prescription drugs, click here.