Professional Documents
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GUIDANCE OF PRESENTED BY
Mrs. B.G.RAM Mr . BAYKAR AJAYANIL
(M.PHARM) (T.Y. B.PHARM)
Introduction
Economic
Patent protection
Generic product
Market
Advantages
Drawbacks
Conclusion
Reference
A generic drug is defined as "a drug product that is comparable to brand/innovator
drug in dosage form, strength, route of administration, quality and performance
characteristics, and intended use.“ It should contain the same active ingredients as
the original formulation.
Remox Rs 38.7
Azithral Rs 128.55
MYTH 2—
Rejected drugs and fake drugs
FACT 2--
Due to cheap price of the generic drugs, it is generally thought that
generic drugs are rejected form the company that is why they are selling for the
low price.
MYTH 3--
Ineffective drugs:
FACT 3--
People also have a mindset that .costlier will be effective.They think
that there is surely something wrong with the medicine because it is too cheap
MYTH 4--
Brand-name drugs are made in modern manufacturing facilities, and
generics are often made in sub-standard facilities
FACT 4--
Sub-standard facilities are not permitted by the FDA.
Generic medicine Provide Many Economic Advantages to:-
- Consumer
- Pharmaceutical Business
It may be supplied by more than one company
It new regulatory processes to reduce time and cost of generic drug approvals
This must have the :-
same quality
same safety
same strength
Drawbacks of generic drugs are much smaller than its advantages:-
There may be some variations during reformulations.
Some patients may be allergic to new colour, flavour etc.
Generic drugs are not possible in all the cases. Because it takes long time to
expire any patent.
During bioequivalence studies, some error may arise which may lead to some
complications More over bioequivalence studies are less accurate than
bioavailability studies.
From this review I have conclude that the main goal in introducing
generic medicines into market was to decrease prices. After the expiry of
patent generic drugs are marketed. about 50% of all prescriptions are filled
with generic drugs.
In India’s share of the generic market is about to 35%. Hence the
contribution of the pharmaceutical industry for the growth of generic drugs
in the world is very high.
The Pharmaceutical market will grew day by day so it is a evolution
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