Generic Medicine Cheaper Than Branded Version
January 27, 2014 Leave a comment
There are many people out there who look for alternative medicines to stay healthy. With some medicines becoming an inevitable part of human lives, it becomes essential to look for the cheaper versions of the same. This is where one can enjoy the benefits of Generic Medicine. Such medicines have similar active ingredients and effect just like their brand name medicine. If you are considering buying generic medicines then remember these are similar in their processing, strength, effectiveness and purpose. In other words, it means that generic drugs have similar or equivalent active ingredients of the non generic or branded form. Both forms of medicines have similar effectiveness and safety.
You might be wondering when brand name and generic form of similar medicine are same, why is the former relatively cheaper in comparison to the latter? The former is highly expensive because of the process, marketing and research involved. As brand name medicines are relatively new and a patent is assigned to them, they come at high rates. When these branded drugs or medicines are coming close to their copyright end, companies approach Food and Drug Administration for seeking permit to manufacture their generic versions.
As the manufactures of generic medicine have no patent, they do not charge high price. Some generic medicines can have patent but not for the active composition. As the manufacturers of generic medicine have to just seek permission from FDA and there are no research and marketing costs involved, they are able to offer same medicine at relatively lower price. Finances have a vital role to play for these drugs being inexpensive. There is no denying in the fact that as more manufacturers can produce generic form of medicines, there is high competition in the market. This works advantageous for the consumers as they can compare the costs and services offered by Generic Store Online before making the decision. As there are sales are higher, they can sell medicines at lower cost.
If you are also considering buying generic medicine then there is no need for you to hunt for the same in market. All that you are required to do is browse through the World Wide Web and choose from several online stores offering the medicine. Make sure that you do your homework properly before choosing the one. Shopping for Generic Medicine is just a matter of a few clicks and you can do it from anywhere.
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