As people look for more affordable ways to purchase the meds they need, generic drugs provide them with more cost-effective choices. The reason for the difference in cost is the lack of expense for research that has already gone into the name drug.
1. Pros and Cons of Brand Name and Generic Drugs
Aside from the fact that the same medicines are available for a price that is often much lower,
most people don’t know the difference between generic and name brand drugs. For many,
getting a drug that is affordable is their primary concern. However, since these drugs are used
to treat some very serious illnesses, it is also important to get the most effective drug possible.
Many wholesale pharmaceuticals which sell drugs to medical facilities and pharmacies offer
both generic and brand name medications at a price that is lower than those from other
pharmaceutical distributors. The quality of product they offer and the prices they attach will
determine the quality and final cost to the patient.
Generic drugs are those which are made in the same way and using the same brands and ratio
of ingredients as the brand name to produce a medicine that is a copy, including the dosage.
They do not usually differ in how, or for what they are used, potential side effects associated
with them, the effect they have on the condition for which they are prescribed, or the route of
administration. Although there are many concerns about how generic drugs are made in order
to keep their costs down, the Food and Drug Administration (FDA) has strict regulations that
require generic drugs to be just as safe and effective as their brand name counterparts.
A Plus Corporation is one example of a wholesale pharmaceutical company located in California
which is bound to the regulations of the FDA and which has been providing generic and brand
name medications worldwide since 1994. They offer a wide range of products including brand
and generic drugs, over-the-counter drugs, vitamins and food supplements that are the quality
of product that physicians and their patients can depend on. Like A Plus Corp, the company that
provides wholesale medications to any type of distributor should be licensed and have a history
of trustworthy business practices.
2. Table of Brand Name VS Generic Drugs
Generic Drug
Brand Name Cost Generic Cost
Alprazolam
$140.00
$4.00
Lansoprazole
$241.00
$181.00
Fluoxetine HCL
$477.00
$4.00
Atorvastatin
calcium
$141.00
$23.00
Amount
Prescribed for
30 day use
Brand Name Drug
60
Xanax*
30
Prevacid*
60
Prozac *
Lipitor*
30
60
Metformin
$68.00
$4.00
Glocophage*
*Based on average dosage
The only real difference between brand name and generic is the lack of expense manufacturers
have for developing and marketing the generic drug. The research has already been performed
once the brand name drug is introduced so that no further investment is required for these
areas. People may notice that their most expensive drug is one that has no generic. This is
because the original manufacturer of the drug is given exclusive rights to the drug according to
the terms of their patent. Only at the end of this 20 year time period can other manufacturers
3. apply for the right to make and sell a generic version of the drug at a more affordable cost. The
more companies there are manufacturing a generic version, the lower the costs are likely to go.
Not only are generic drugs just as safe and effective as the brand name drugs, but many are
made by the same manufacturers that make the brand name drugs.
For the many people who are looking to get the medications they need at the lowest possible
cost, generic drugs usually offer a significant savings. The purchase by medical facilities of
these medications through a pharmaceutical wholesaler can mean greater savings to the facility
and/or the patient without sacrificing quality or effectiveness.
For more information visit http://www.aplususapharma.com.