An Introduction to Generic Pharmaceuticals

1. An Introduction to Generic
Pharmaceuticals
By: Medical Supply, Inc

2. An Introduction to Generic Pharmaceuticals
A family-owned pharmaceutical distributor headquartered in Gardena, California, DV
Medical Supply, Inc., works closely with professionals throughout the medical field.
Founded in 1977, DV Medical Supply delivers top quality generics using efficient, reliable
shipping methodologies.

3. An Introduction to Generic Pharmaceuticals
At the most basic level, the term “generic” refers to a drug whose brand name patent has
expired, enabling third-party companies to begin manufacturing and distributing the
compound. Generic drugs are identical to the equivalent brand name drugs, and they
continue to require approval from the FDA via the abbreviated new drug application
(ANDA). Generic drugs feature the same dosage, strength, safety, and manufacturing
practices as brand name drugs. Furthermore, nearly 40 published clinical trials
demonstrated that brand name cardiovascular drugs worked no better than equivalent
generic drugs.

4. An Introduction to Generic Pharmaceuticals
From a financial perspective, generic drugs are almost always significantly cheaper than
their brand name counterparts. The expired patent enables multiple third-party
distributors to begin producing the drug, driving down prices and saving consumers
money. According to the Congressional Budget Office, consumers save anywhere
between $8 billion and $10 billion annually on generic drugs.