Which is the best definition of the word generic?
5. a generic term. 6. any product, as a food, drug, or cosmetic, that can be sold without a brand name. 7. a wine made from two or more varieties of grapes, with no one grape constituting more than half the product (disting. from varietal). [1670–80; < Latin gener- (see gender 1) + -ic]
When is it cheaper to buy a generic drug?
generic drug – when the patent protection for a brand-name drug expires generic versions of the drug can be offered for sale if the FDA agrees; “generic drugs are usually cheaper than brand-name drugs”.
What’s the difference between a generic and a trademark?
generic – relating to or common to or descriptive of all members of a genus; “the generic name”. biological science, biology – the science that studies living organisms. 2. generic – (of drugs) not protected by trademark; “`Acetaminophen’ is the generic form of the proprietary drug `Tylenol'”.
Which is the best definition of the pronoun generic?
Also, ge•ner′i•cal. 1. of, pertaining to, or applicable to all the members of a genus, class, group, or kind. 2. of, pertaining to, or constituting a genus. 3. (of a word) applicable or referring to both men and women: a generic pronoun.
Why are there so many generic drugs on the market?
So makers of generic drugs can pass the savings along in the form of lower prices to pharmacies and ultimately to us. The competition among multiple companies producing a generic version of a drug also helps keep the price low.
Can a generic drug have the same quality as a brand name drug?
According to the FDA, generic drugs can be trusted to have the same quality as brand-name drugs — but at a cheaper price. That’s important to know because no one wants to skimp on health, even if it means saving money. How Are Generics the Same as Brand-Name Drugs?
Can a generic drug have a different expiration date?
Generic drugs are allowed to have different inactive ingredients than brand-name drugs. For example, they may have a different: The inactive ingredients in a generic, though, must be considered safe by the FDA. Generic drugs may also have a different expiration date than brand-name drugs.
How long does it take for a generic drug to become available?
The patent gives a drugmaker exclusive rights to produce and sell the drug for a limited time. The average time a brand-name drug is protected by the patent after it hits the market is 12 years. When the patent ends, other companies are allowed to make and sell a generic version.