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What does the term "generic" mean? Do generic produce the same effect that the brand name do?

The difference between a brand name and a generic one is in the name, shape and in the price. A generic is usually called by the name of the active ingredient while a manufacturer uses a brand name. However, a manufacturer cannot possess a patent for a certain chemical agent, this is why manufacturers of generic medications can legally produce the so-called "generics". They are the same chemically and since the active ingredient is identical, they have the same medical effect. Thus buying a generic one pays less but gets the very same result.

Why are generic so cheap?

Unlike generic , a large part of the costs incurred by original manufacturers of brand name are for research and development and advertising. The expense of obtaining FDA approval alone in the U.S. is enormous. Manufacturers of generic do not have to absorb or recover these costs. Consequently, significant cost savings can be passed along to you.

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