Generic pharmaceuticals are medications that have the same active component as branded medications. These pharmaceuticals also have the same therapeutic effect and are given in the same dose, quality, and intake, and usage methods. Generic medications' inactive components, on the other hand, can differ from those of their branded counterparts.
These medications are typically marketed after a branded drug's patent expires, and they are much less expensive than patented branded drugs. Generic medications are of comparable quality to branded drugs and are produced using the same quality control and manufacturing techniques. Following the expiration of the patent exclusivity period, various manufacturers file an abbreviated new drug application (ANDA) to the FDA.
Read more @ https://cmilatestinsights.blogspot.com/2021/12/generic-drugs-market-growth-trends.html
