Brand Name And Generic Name Of Drugs Pdf
File Name: brand name and generic name of drugs .zip
- Generic drugs: The benefits and risks of making the switch
- U.S. Food and Drug Administration
- Generic drugs versus brand names: Switching could save money
Buying more generic prescription drugs instead of their brand-name equivalents and purchasing brand-name drugs with discounts can significantly reduce overall prescription drug expenditures.
Generic drugs: The benefits and risks of making the switch
Understanding the differences between generic and brand name medications can help injured workers understand their workers' compensation prescriptions a bit better. When you experience an on-the-job accident or illness, you have to become fluent in medical jargon pretty quickly. It's helpful to know the ins and outs of the medications that your doctor prescribes. Getting to know generic medications versus brand names is the first step. According to the FDA, nearly 8 in 10 prescriptions filled in the United States are for generic drugs.
Drugs often have several names. When a drug is first discovered, it is given a chemical name, which describes the atomic or molecular structure of the drug. The chemical name is thus usually too complex and cumbersome for general use. Next, a shorthand version of the chemical name or a code name such as RU is developed for easy reference among researchers. For example, phenytoin is the generic name and Dilantin is a brand name for the same drug, which is a commonly used antiseizure drug. The brand name is developed by the company requesting approval for the drug and identifies it as the exclusive property of that company.
Generic drugs have to go through the same FDA approvals as brand names, so they have the same quality. Often, the old saying "You get what you pay for" holds true. Value-brand paper towels aren't nearly as absorbent as the name brands. Following this line of thought, it would be logical to assume that generic drugs are just cheap imitations of brand-name medicines. Aaron Kesselheim, assistant professor of medicine at Harvard Medical School. Although generics and brand-name drugs are nearly identical, some people ask specifically for brand names—especially after they've seen those drugs promoted in television ads.
U.S. Food and Drug Administration
Hover over each icon below for an explanation of their meaning. Scroll down to find all drugs and dosages that can offer savings or information by clicking on the drug name then click on the icon. If doing a drug search, scroll down to see your drug search results. Programs created by pharmaceutical companies to provide free or discounted medicines to people who are unable to afford them. Each program has its own qualifying criteria.
Lewek reported no potential conflict of interest relevant to this article. When is it safe to substitute a generic drug for a brandname medication, and when should a switch be avoided? A Good-quality patient-oriented evidence B Inconsistent or limited-quality patient-oriented evidence C Consensus, usual practice, opinion, disease-oriented evidence, case series. But the very reason for the cost savings—the fact that generic drugs do not have to undergo the large, expensive clinical trials that are required for approval of brand-name medications—gives rise to questions about the quality and safety of generics. Are these concerns justified? Under what circumstances is it safe to prescribe generics, or to substitute a generic for a brand-name drug?
Once a new drug is approved, the pharmaceutical company receives an exclusive right to market that drug for a guaranteed minimum of 5 to 7 years. Most new drugs are also protected by patents that last 20 years from the first discovery of the molecule before its clinical testing. Altogether, new drugs receive about 12 to 14 years of market exclusivity. Market exclusivity periods allow companies to get a return on their investment into development of that drug and to make a profit. When the market exclusivity period is over, other companies can apply for approval of their versions of the product containing the same active ingredient.
At this point the drug has two names: a generic name that's the drug's common scientific name and a brand name to make it stand out in the market- place. This is.
Generic drugs versus brand names: Switching could save money
A generic drug is a pharmaceutical drug that contains the same chemical substance as a drug that was originally protected by chemical patents. Generic drugs are allowed for sale after the patents on the original drugs expire. Because the active chemical substance is the same, the medical profile of generics is believed to be equivalent in performance. Although they may not be associated with a particular company, generic drugs are usually subject to government regulations in the countries in which they are dispensed. A generic drug must contain the same active ingredients as the original brand-name formulation.
Drug nomenclature is the systematic naming of drugs , especially pharmaceutical drugs. In the majority of circumstances, drugs have 3 types of names: chemical names , the most important of which is the IUPAC name ; generic or nonproprietary names , the most important of which are the International Nonproprietary Names INNs ; and trade names, which are brand names. Drug names are often subject to legal regulation, including approval for new drugs to avoid confusion with existing drugs and on packaging to establish clear rules about adulterants and fraudulent or misleading labeling.
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