Health and medicines are very sensitive subjects; and when it comes to these, everybody is extra cautious. We trust branded medicines and doctor-prescribed medicines without a second thought. On the other hand, generic medicines are often considered to be of low quality only because they come at a lower cost. And despite the very high costs of branded medicines, we prefer them. Is this right? Are we really following the right things? Do we know everything that we should know about generic medicines?
This article will be your guide to all the information, facts and myths about different types of medicines. This will give full clarity on frequently asked questions like “how to judge the quality of medicines?”, “are generic medicines safe or not?”, “do low prices of generic medicines mean that they are of poor quality?” and more.. Let’s get started:
Types of Medicines & All About 50-80% Discount on MedPlus Brand of Medicines
Medicines are of two types:
1. Patented Medicine, and
2. Generic Medicine
A patented medicine is the one made by its innovator who holds the rights over the particular medicine for a stipulated period of time. During this period, no other company can make this medicine. This scenario is rare in India.
All medicines which are not patented are generics. In other words, almost all the medicines that you buy are generics. A medicine becomes generic when the patent from it expires. When patent expires, any company can make it. And in India, numerous companies make the same medicine (after the expiry of patent) under different names. One important thing to note here is: Composition stays the same for all.
There are 3 types of generic medicines and further down, we will read and understand the basics of all of these:
I) Branded generics,
II) Trade generics and
III) Store generics.
Leave a Reply