Jul 24, 2017
6:08:35pm
6:08:35pm
There's a period after a drug is patented or released
Where the original company maintains the rights to market the drug exclusively. When that time expires, then generic drug companies can release their Walmart or Walgreen versions and usually sell them for much less.
From conversations I had with my OChem Prof, generic drugs aren't always as good as the brand name. Something about them not being held to the same development standards. The FDA mandates "bioequivalence" but the drugs released may not always be 100% the same. Idk someone with more knowledge can correct me or clarify further
From conversations I had with my OChem Prof, generic drugs aren't always as good as the brand name. Something about them not being held to the same development standards. The FDA mandates "bioequivalence" but the drugs released may not always be 100% the same. Idk someone with more knowledge can correct me or clarify further
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7/24/17 6:03pm
Because they own it until their patent expires and basically other options aren't available until then.
7/24/17 6:05pm
7/24/17 6:08pm