A Review on Generic and Branded Drugs-Competence of Generic Drugs in Comparison to Branded Drugs

Abstract

The use of generic or branded drug is a great matter of discussion in recent times globally. The government in different countries is also strictly promoting the use of generic drugs in place of branded ones. A generic drug consists of same active ingredient/ingredients as its branded counterpart and found to be equally efficient therapeutically. The cost of generic drugs are much lesser than the branded drugs as they do not need to go through the robust and costly pre-clinical or clinical studies as done in branded ones which increases the cost of them up to many folds. The present review enlightens the effectiveness of generic drugs as compared to branded drugs and how they work in body. An attempt is also made to highlight the cost comparison between both classes, the regulations and control pertaining to generic and branded drugs.