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Another common belief is that generic drugs take longer to
work. The FDA requires that generic drugs work as fast and as
effectively as the unique brandname services and products.
Generic drugs are copies of brand name drugs that have exactly
the same dosage effects, side effects. In other words, their
pharmacological effects are the same as those of these
counterparts. Therefore there is no truth in the urban myths
that generic drugs are manufactured from centers that are
poorer-quality or are inferior in quality to brand name drugs.
The FDA uses the same standards for all medication
manufacturing centers, and both generic and brand name drugs
are manufactured by companies. In reality, the FDA estimates
that 50 percent of generic drug production is by brand-name
businesses. Many men and women come to be concerned because
generic drugs are substantially less expensive compared to
brand name versions. They wonder whether the quality and
efficacy have been compromised to produce the products that
are less expensive. Generic drugs are far simply cheaper
because the manufacturers have not had the expenses of selling
and developing a new medication. When a company brings a new
drug on the market, the firm has spent substantial money on
promotion, development, promotion and research of the
medication. A patent is granted that gives an exclusive right
to promote the drug so long as the patent is in effect.
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Generic versions of a drug have various colors, flavors, or
mixes of ingredients compared to first medications. Trade mark
legislation in the United States do not allow the medication
to appear exactly like the groundwork, but the active
ingredients have to be the exact same in both trainings,
ensuring that both have the same medicinal effects. Because
the patent nears expiration, manufacturers can apply to sell
and make generic versions of their drug and minus the startup
costs for development of their drug, other businesses are able
to afford to sell and make it. When multiple companies begin
selling and producing a medication, the rivalry among them are
able to drive the price.