Generic medicines are drugs that have the same active ingredient as brand-name drugs but are sold under their chemical name. They are a cost-effective alternative to expensive branded drugs and have the same quality, strength, and dosage as their brand-name counterparts.
Generic drugs are approved by regulatory agencies, such as the FDA in the US or the EMA in Europe, and have undergone rigorous testing to ensure their safety, efficacy, and quality. They are made using the same manufacturing processes as their brand-name counterparts and are subject to the same strict regulations and quality control measures.
One of the major benefits of generic medicines is their affordability. They can cost up to 85% less than brand-name drugs, making them an attractive option for patients who want to save on healthcare costs. This can be especially important for patients who require long-term medication or who have chronic conditions that require ongoing treatment.