highlights
Treatment of serious to serious disease with generic medicines is much cheaper. Generic medicines are directly manufactured because their trials have been done. Generic medicines are also cheaper due to the absence of any kind of expenditure on promotion.
Cheap Generic Drugs: Falling sick anytime affects in two ways. First, your health is at risk. Second, due to the high cost of the medicines used in the treatment, your pocket gets cut badly. Most of the people allege that due to the collusion of doctors and companies, only branded medicines are prescribed to the patients. On writing expensive branded medicines, doctors benefit in many ways, including foreign tours, gifts, along with hefty commissions. To get rid of patients from this, the central government is continuously emphasizing on the use of generic medicines.
Corona epidemic, many new diseases including viral infection have scared people a lot. At the same time, due to the changed routine and new diseases, medicines have become an important part of every family. At least one person in every family consumes medicines daily. On the other hand, if any member of the family gets a serious illness, then the budget of the whole house gets spoiled because a major part of the income is spent on medicines. In such a situation, people are becoming very aware about cheap generic medicines. We are telling what is the difference between branded and generic medicines? Why are generic medicines cheaper and where can they be bought?
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What is the difference between a generic-branded drug?
First of all, know what are generic medicines? Drugs production companies make salts on the basis of research done for the treatment of diseases. It is converted into tablets, capsules or other medicines. Different companies sell the same salt by different names and at different prices. The generic name of the salt is decided by a special committee keeping in mind the composition and disease. The generic name of any salt is same all over the world. In such a situation, on taking generic medicine, you can get the salt prescribed by the doctor at a very low cost. Please tell that there can be a difference of five to ten times in the price of expensive branded medicine and generic medicine of the same salt. Sometimes there can be a difference of up to 90 percent in the prices.
There can be a difference of five to ten times in the price of expensive branded medicine and generic medicine of the same salt.
Medicine is made on a formula by mixing different chemicals. For example, medicines are made from substances used to cure fever. If a big company makes this medicine, then it becomes branded. However, it is the name of the company given to that medicine. You can see the substances used in this above the name of the company on the wrapper of the medicine. On the other hand, when a small company makes a medicine by mixing these substances, then it is called a generic medicine in the market. There is no difference in the effect of these two medicines. The difference is only in the name and brand. Experts say that medicines are made of salts and molecules. That’s why while buying medicine, one should pay attention to the salt, not the brand or company.
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Does the quality of generic medicine decrease?
The formula of a generic drug is patented, but its material cannot be patented. The quality of generic medicines made on international standards is not less than branded medicines. Their effect is also similar to branded medicines. Dosage and side effects of generic drugs are similar to those of branded drugs. For example, the price of ‘Glykav’ brand medicine for blood cancer will be Rs 1,14,400 in a month. On the other hand, the cost of the other brand’s ‘Veenet’ medicine for a month will be less than 11,400 only.
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Why are generic medicines so cheap?
Companies themselves decide the price of patent branded medicines. Actually, huge cost is incurred on research, development, marketing, promotion and branding. To make generic medicines, the developers wait for the patent period to expire. After this, generic medicines are made using their formula and salt. There is direct manufacturing of generic medicines. Their trials have already been done. In this, companies have a formula and medicines are made from it. Apart from this, the price of generic medicines is decided by the intervention of the government. Nothing is spent on the promotion of these medicines.
There is direct manufacturing of generic medicines. Their trials have already been done.
Where can I buy generic medicines?
You can ask for generic medicines from your nearest medical stores. You can buy cheap generic medicines through Healthkart Plus and Pharma Jan Samadhan websites. Generic medicines are also available on another website genericwala.com. Apart from this, you can also buy generic medicines from Jan Aushadhi Kendra. The World Health Organization says that if doctors prescribe generic medicines to patients, then health expenditure can be reduced by 70 percent in developed countries and by 90 percent in developing countries. In the license under which medicines are made worldwide, there is a provision to control their prices.
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Tags: Cancer, Free Treatment, Generic medicines, Health News, Latest Medical news
FIRST PUBLISHED : April 26, 2023, 16:59 IST
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