Generic Drug
What is a generic drug?
A generic drug is the non-branded version of a prescription drug. An example of a generic drug is acetaminophen. There are a few brand names for this generic drug, including TYLENOL®.
Generic drugs and brand name drugs are generally the same in terms of:
- Strength
- Quality
- Safety
- Route of administration
- Intended use
- Performance characteristics
Why are generic drugs important to healthcare?
Generic drugs are important to healthcare because they usually cost less than the brand versions, though they are all the same drugs. The lower price means that many people can receive drugs at a more affordable price, leading to better health outcomes and better quality of life.