generic drug

(redirected from Drugs, generic)
Also found in: Dictionary, Thesaurus, Medical.

generic drug,

a drug sold or prescribed under the nonproprietary name of its active ingredients or under a generally descriptive name rather than under a brand or trade name. The name of the active ingredient is established by a government or international body, and is typically the U.S. Adopted Name, British Approved Name, or International Nonproprietary Name. Generic drugs must contain the same active ingredients that their brand name counterparts do and are tested to assure that they are therapeutically equivalent, but they may contain different inactive ingredients from those found in the brand name medications.

There are generic versions of both over-the-counter and prescription medications, but not all drugs have generic equivalents. Generic drugs can only be produced when a patent on a brand name drug expires or when a patent has never existed. They are generally cheaper than the equivalent brand name drug because of much lower marketing and development costs. Because a generic competitor can hurt a brand name manufacturer's profits, drug companies have used legal action and regulatory delays to slow the introduction of generics, or have paid generic manufacturers to postpone the production and marketing of generics. The Medicare overhaul legislation passed in 2003 contained sections designed to speed the introduction of generic drugs by making it easier to challenge weak or invalid drug patents.

References in periodicals archive ?
The contract is for the purchase with the delivery of cancer drugs, generic drugs, infusion solutions for Hospital Pharmacies Holy Cross Cancer Center in Kielce according to Package No.
The contract is for the purchase with the delivery of cancer drugs, generic drugs and drugs used in anesthesia for Hospital Pharmacies Holy Cross Cancer Center in Kielce according to:
The contract is for the purchase with the delivery of cancer drugs, generic drugs, antibiotics, infusion solutions for Hospital Pharmacies Holy Cross Cancer Center in Kielce according to:
The contract is for the purchase with the delivery of antibiotics, cancer drugs, generic drugs and immunoglobulins for Hospital Pharmacies Holy Cross Cancer Center in Kielce in accordance with Package No.
Contract award: purchase with the delivery of cancer drugs, generic drugs for hospital pharmacies holy cross cancer center in kielce.
For chemical drugs, generic versions of off-patent products have helped to reduce pharmacy bills and increase funding for new products.
Contract award: Providing of purchased with the delivery of cancer drugs, generic drugs, and heparins for hospital pharmacies holy cross cancer center in kielce.
Contract notice: Purchase and delivery of cancer drugs, generic drugs, and heparin for hospital pharmacies holy cross cancer center in kielce.
Contract award: purchase and delivery of cancer drugs, generic drugs for infusion fluids for hospital pharmacies holy cross cancer center in kielce.
Contract notice: Purchase with the delivery of cancer drugs, generic drugs for hospital pharmacies holy cross cancer center in kielce
Total quantity or scope: The contract is for the purchase with the delivery of cancer drugs, generic drugs for Hospital Pharmacies Holy Cross Cancer Center in Kielce, in accordance with
Contract award: purchase with the delivery of cancer drugs, generic drugs for pharmacy hospital holy cross cancer center in kielce.