Why Do Generic Medicines Matter?

 


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 quality.

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