For brand-name drugs, the original pharmaceutical company has to pay for more than just the actual production of that medication. In the USA, the cost to develop and win marketing approval for a new drug is $2.6 billion. It also pays for research and development for medications that failed in trials and can’t be brought to market.
At the end of an approximately seven-year period of exclusivity, the Food and Drug Administration (FDA) allows one specific generic to be the first to market. That
1: Brand name price is high and generic prescription drugs is low
2: Brand name is used my private treatment center whereas prescription drugs allows in government as well as private
No more difference between brand name and generic prescription drugs, Brand name drugs are more expensive because they spend more money to advertise but generic prescription drugs are not spending any types of unnecessary money only that much difference. A description or solution of drugs is same.
The difference between a brand-name product and a generic one is designed to be transparent. Once the patent life expires on a brand-name drug product, it is eligible to be made into a "generic drug."
La diferencia en su composición son por un Farmacéutico cuando se lo pides. No hay diferencia notoria .lo que cambia suele ser del Laboratorio y si su composición es la misma. LO ÚNICO y lo que cambia es el envase.
The difference between a brand-name product and a generic one is designed to be transparent. Once the patent life expires on a brand-name drug product, it is eligible to be made into a "generic drug."
Generic drugs are a lot less expensive but they can only be introduced after a few years, when the company who created the original brand-name product has profited enough and covered the cost of developing it ... ...
Comments (9)
Abdou Sani Boukari
16
Consultant
For brand-name drugs, the original pharmaceutical company has to pay for more than just the actual production of that medication. In the USA, the cost to develop and win marketing approval for a new drug is $2.6 billion. It also pays for research and development for medications that failed in trials and can’t be brought to market.
At the end of an approximately seven-year period of exclusivity, the Food and Drug Administration (FDA) allows one specific generic to be the first to market. That
Recovery CNT
5
Addiction Treatment Center NJ
1: Brand name price is high and generic prescription drugs is low
2: Brand name is used my private treatment center whereas prescription drugs allows in government as well as private
Mark D’Andrea
6
Cancer Specialist - Breast Cancer, Lung cancer
No more difference between brand name and generic prescription drugs, Brand name drugs are more expensive because they spend more money to advertise but generic prescription drugs are not spending any types of unnecessary money only that much difference. A description or solution of drugs is same.
Stud Pac
5
Aquatic Farms Solutions
The difference between a brand-name product and a generic one is designed to be transparent. Once the patent life expires on a brand-name drug product, it is eligible to be made into a "generic drug."
Tamara M.
1
Promotora distribuidora Oriflame
La diferencia en su composición son por un Farmacéutico cuando se lo pides. No hay diferencia notoria .lo que cambia suele ser del Laboratorio y si su composición es la misma. LO ÚNICO y lo que cambia es el envase.
Noel Fay
6
Part Time Eauntapeaur
The difference between them is mainly the price. Generic are slot cheaper and do the same thing as the prescription drug.
Prompt Pest Control ...
2
Manager
The difference between a brand-name product and a generic one is designed to be transparent. Once the patent life expires on a brand-name drug product, it is eligible to be made into a "generic drug."
Elsalie Charlie
1
Marketing Online
Maybe difference in he cost
Franto Hruz
16
Online Income Systems Development
Generic drugs are a lot less expensive but they can only be introduced after a few years, when the company who created the original brand-name product has profited enough and covered the cost of developing it ... ...