30/12/2023
Branded vs Generic medicine | Real Reason why your MEDICINES are so EXPENSIVE | dr hassan rao
In this video i will explain you....,
01. What's the difference b/w generic and branded medicines?
02. Why BM are expensive?
03. Why GM are cheaper than branded medicine?
04. What are patented medicines?
05. Comparision b/w the price of GM and BM?
Generic Drugs :
A generic drug is a medication created to be the same as an already marketed brand-name drug in dosage form, safety, strength, route of administration, quality, performance characteristics, and intended use. These similarities help to demonstrate bioequivalence, which means that a generic medicine works in the same way and provides the same clinical benefit as the brand-name medicine. In other words, you can take a generic medicine as an equal substitute for its brand-name counterpart.
Branded medicines :
Branded medicines are medicines which have a name given to them by a company for the purpose of advertising. The names of branded medicines are different from the International Nonproprietary Name (INN), also known as the generic name. Branded medicines may be the original medicine developed by a company or several companies may make the same generic medicine, to which each company gives its own brand name.
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