What does generic drug mean?

Definitions for generic drug
gener·ic drug

Here are all the possible meanings and translations of the word generic drug.

Princeton's WordNet

  1. generic drug(noun)

    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"

GCIDE

  1. generic drug(n.)

    A medication sold under its generic name; -- usually legal only after the patent has expired, or if no patent was issued for the substance. Generic drugs are usually less expensive than proprietary medications.

Freebase

  1. Generic drug

    A generic drug is a drug defined as "a drug product that is comparable to brand/reference listed drug product in dosage form, strength, route of administration, quality and performance characteristics, and intended use." It has also been defined as a term referring to any drug marketed under its chemical name without advertising. Although they may not be associated with a particular company, generic drugs are subject to the regulations of the governments of countries where they are dispensed. Generic drugs are labeled with the name of the manufacturer and the adopted name of the drug. A generic drug must contain the same active ingredients as the original formulation. According to the U.S. Food and Drug Administration, generic drugs are identical or within an acceptable bioequivalent range to the brand-name counterpart with respect to pharmacokinetic and pharmacodynamic properties. By extension, therefore, generics are considered identical in dose, strength, route of administration, safety, efficacy, and intended use. The FDA's use of the word "identical" is very much a legal interpretation, and is not literal. In most cases, generic products are available once the patent protections afforded to the original developer have expired. When generic products become available, the market competition often leads to substantially lower prices for both the original brand name product and the generic forms. The time it takes a generic drug to appear on the market varies. In the US, drug patents give 20 years of protection.

How to pronounce generic drug?

  1. Alex
    Alex
    US English
    Daniel
    Daniel
    British
    Karen
    Karen
    Australian
    Veena
    Veena
    Indian

How to say generic drug in sign language?

  1. genericdrug

Numerology

  1. Chaldean Numerology

    The numerical value of generic drug in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of generic drug in Pythagorean Numerology is: 3

Examples of generic drug in a Sentence

  1. Accessible Medicines:

    We take all instances of illegal behavior seriously. Anyone convicted of violating these laws should be punished appropriately, vigorous, ethical competition is the foundation of the generic drug and biosimilar industry. Competition allows our companies to drive enormous savings and pass them on to patients, taxpayers and health care payors.

  2. Juliette Cubanski:

    The generic drug may be less, but it's still really expensive.

Images & Illustrations of generic drug

  1. generic druggeneric druggeneric druggeneric druggeneric drug


Translations for generic drug

From our Multilingual Translation Dictionary

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"generic drug." Definitions.net. STANDS4 LLC, 2020. Web. 5 Jun 2020. <https://www.definitions.net/definition/generic+drug>.

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