Usage of Generic Medicines Vis-à-vis Branded Drugs
Even with the advancement of free information through many media platforms, there remains a group of people who do not have any trust or confidence in generic drugs. Their outlook is based on the cheaper pricing of the generics and concludes that they must be inferior to branded drugs in quality and efficacy. This has at times caused untold friction between service providers and recipients as when accused of prescribing or dispensing “fake” medications. In some instances, there has been no understanding even when the pharmacists explain that the pricing has nothing to do with the quality or efficacy. There are also those who will adamantly ask for branded drugs because they believe it gives them a higher status. There is still another group that will request generics, by knowledge and others because it is much cheaper than brand.
With a vested interest in the pharmaceutical sector,
Jayesh Saini points out that the same generic and branded drugs have the same
qualities in terms of key factors such as efficacy, strength, effect, dosage,
form, administration routes, quality, safety, interactions, and side effects if
any and environments of manufacture but may vary in packaging and color in some
instances. He clarified that a generic drug imitates a branded drug and the
main reason the former is more expensive than generics is that the
manufacturers of the branded invest more resources and time in R&D,
clinical trials, authorization by relevant bodies, patenting, branding and
marketing before it is ready human consumption. It is this pioneering process
that makes the branded medicines to be referred to as “original” compared to
the generic. On the other hand, once the patent period is over, the formulary
which was only known to the manufacturer is now available and manufacturers,
who do not need to carry out the aforementioned activities can now manufacture
generic versions of the same formulary. They invest less financial and
technological inputs as this has already been done during the branded drugs
manufacturing. This in turn allows them to be cheaper priced than the branded.
it is unfortunate that when contraband drugs are accosted, there is a general tendency to assume that it refers to generic medicines. However, contrabands can be branded drugs that are being illegally imported and thus curtailing critical issues such as approvals and taxes.
The bottom line is that both generics and branded
drugs offer the same results for the intended purpose and the former is cheaper
in price. For money-smart persons or those with a desire to receive more for
their money, generics are a better choice realizing that there are some
insurance covers that do not cover branded drugs.
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