Drug Policy
An overview of Generic Drugs
A generic drug is a pharmaceutical drug that is marketed without a brand name. They are similar to their brand-name drugs in terms of quality, dosage form, intended use, route of administration, strength, and performance characteristics.FDA summarizes Generic Drugs as-
"Generic medicines work the same way as their brand versions and provide the same clinical benefits." The American Medical Association (AMA) states that one of the effective ways can practice cost-effective prescription medicines is through generic medication. When a pharmaceutical company develops a medicine, they receive a patent for the drug for about 20 years to recoup the research investments. After the patent expiry, a generic version of the medicines is available. These generic versions are marketed under the medicine's chemical name and meet the FDA standards.Evaluation of the quality of generic drugs compared to their brand names
The FDA approves the use of generic medicines if they meet the following criteria.
- Has identical strengths
- They are formulated with the same active ingredients
- It must have a similar route of administration
- Identical dosage form
- The generic drug should provide a similar safety profile to the patient
- Must have the same indication, and labeling
Key features of Generic medicine
- As per World Health Organization (WHO), the inactive compounds of generic medicine may differ from their brand versions.
- Generic drugs are comparatively cheaper than brand medicines. The manufacturer invests a lot in marketing the product, which adds up to their cost, which doesn't happen with generic medicines.
- The trademark law indicates that the generic pill must not look identical to its brand version. Thus, the generic pills look different from their brand counterparts.
All the medicines (Branded or Generic) offered by Healthmatter meet the standard set by the FDA and WHO.
Narcotics Policy-
Healthmatter does not retail or ship any form of Controlled or Narcotic substances to any of our customers.