The document discusses key pharmaceutical concepts including: 1) Brand name refers to the trade name given by the manufacturer to distinguish their products, while generic name refers to the official medical name for the active ingredient. 2) Other concepts discussed include dosage form, strength, cost of goods sold (COGS), trade price (TP), pharmacodynamics, pharmacokinetics, bioavailability, and peak plasma concentration (Cmax). 3) Key pharmacokinetic concepts explained are plasma half life, area under the curve (AUC), minimum effective concentration (MEC), minimum inhibitory concentration (MIC), and first pass effect.