Generic Plus Medicine

  Generic medicines are the affordable counterparts of brand-name medicines. They provide the same quality as brand-name medicine at affordable prices and thus are essential. This is why several generic medicine store franchises opened in India. Why are generic medicines essential? Generic medicine provides good quality medicines at affordable prices. The price difference between brand-name medicine and generic medicine is as high as about 80%, which means that medicines that are much more expensive than an ordinary man’s budget can be made available at affordable prices. The healthcare system can be improved, and more welfare programs related to generic medicines can be introduced. Medicine prices for the most critical diseases like diabetes, blood pressure, and cardiovascular diseases are costly, and even the middle class in India cannot afford them daily. These medicines are needed every month, and thus it becomes essential to provide cheaper versions that do not compromise the qua

Generic medicine manufacturer companies do not compromise on the quality and ingredients and produce the same medicines as the branded ones. All generic medicines follow the standards set by FDA. What factors are shared between a generic medicine and a brand-name medicine? Safety, dosage, quality, effectiveness, and strength are taken care of in generic medicine, as with branded ones. Generic medicines even have the same side effects and benefits as brand-name medicines. The generic medication meets the standards which the FDA conducts. FDA monitors the generic medication or medicine safety after been approved and brought to the market. However, you might find natural variability to some extent when produced on a large scale. This slight variation in size, strength, purity, or other parameters is permitted. To sum up, the difference between generic and branded medicines is similar to that between branded and branded ones.  

  Generic medicines are sold in regular chemist shops as well as in specific generic medicine shops. They are the exact copies of brand-name medicines. Hence, you will need a prescription to buy generic medicines. If so, why aren't generic medicines seen in regular sales purchases? Although they are allowed to be sold, medical practitioners like physicians don't tend to prescribe generic medicines. Also, chemists do not sell generic medicines even after their availability. Therefore, the Drugs Technical Advisory Board of India amended a rule in the constitution to let pharmacies sell generic medicines to patients even if the prescriptions specify the branded versions. It is also advised by the government to sell generic medicines to the public if the medicines with exact composition are available. You might see so many generic medical shops franchise   opened around these days. This is the effect of the new promotional activities of the government undertaken to popula

  Although it is against their oath as medical practitioners, some doctors receive commissions to prescribe certain brand-name medicines. Therefore, the government had to interfere and set regulations for medical practitioners and chemists to prescribe and sell generic medicines. How is the government promoting the usage of generic medicines? Under its Jan Aushadhi Scheme, the government has also opened generic medical shop franchises across the country to promote more and more awareness about generic medicines, especially among the common masses who cannot afford the costly brand-name

  Medicines come under health care and hence are one of the products from the highly regulated sector. How are generic medicines monitored? When you say highly monitored, every step from manufacturing to selling is monitored. The standards of generic medicines are constantly evaluated and updated according to guidelines. As it directly affects the health system of an individual, it needs to be authorized by highly authoritative standard monitoring system. Top authoritative organizations such as FDA and WHO follow strict guidelines to approve generic medicines. Also, regular inspections take place to monitor the manufacturing of generic medicines. Each company sets up systems to monitor the safety of all medicines in markets. Only after passing through all the stages are generic medicine franchises allowed to sell the medicines.

        image source - currentaffairs(dot)adda247(dot)com The world health organization (WHO) is a specialized agency of the United Nations responsible for international public health. It formulates international regulatory standards, which include stability, packaging, storage, and bioequivalence.  What Is WHO's Stand On Generic Medicines? According to the world health organization (WHO), generic medicines are pharmaceutical products intended to be interchangeable with the originator brand product, manufactured without a license from the originator manufacturer, and marketed after the expiry of the patent or other exclusivity rights. These are the bioequivalence standards established between originator and generic medicines. These standards are significant due to WHO's support of generic products and their potential to increase access to essential medicines. Generic medicines are getting popular due to their affordability, and you can see generic franchise stores opening worl