The analogues of expensive branded medicines occupy a strong position in the pharmaceutical market. But our attitude to them is still very doubtful. Let’s find out what generic is and why pharmacists insist on offering it to us.
What is Generic Medicine?
As long as patent protection is in force, the drug is not copied or reproduced by other pharmaceutical companies. The creator and first producer for some time, act as a monopolist. It can set a fairly high price and lead the sales in all countries where it is represented. This period helps him to compensate for the costs associated with the withdrawal of the drug. If the patent did not have an expiration date, the pharmaceutical industry would develop much slower than required. The expiring period of protection motivates her, including financially, to further developments. Because at the end of the patent, the pharmacy market is flooded with generics, drugs similar to the patented sample.
Generics medicines are medicines with proven pharmaceutical. They have the same composition of active substances, medicinal form and effectiveness as the branded, but do not have patent protection.
Benefits of Generic Medicine?
Obviously, generics are extremely profitable. For example, every year, the population eats more than 40,000 tons of acetylsalicylic acid. One can only imagine what this value is in monetary terms. The question is, who benefits from it? A consumer who receives the necessary medicine at a low price? Pharmacy industry that wins from sales? Manufacturers who do not spend on research, but collect a considerable income? Or the inventors of the branded, who remove the cream in the first years of the drug’ existence? Ivan Glushkov answers this question: “Generik is beneficial primarily to the health care system, which receives a proven (through the experience of the branded drug) drug at a relatively small price, but there is one condition: the state quality control system should ensure full compliance with the production technologies of the branded drug and generics.”
Buying Generic Medicine VS Branded Medicine?
On the packages of generic and branded, you can find an indication of the same active substance. But does this mean that they are complete analogues? In short, no. No, it means. The basic active substance is really the same.
And as a rule, when the generic is brought to the market, the main active substance is really thesame. And as a rule, when the generic is brought to the market, its match for speed and suction is checked for the branded. Here the drugs are important to match. But auxiliary substances often vary greatly. Their task is to properly transport the main component through the stomach’s acidic environment and help it assimilate the body. The composition and dosage of these ingredients may not correspond to the source but simultaneously perform the same function. In India, the pharmaceutical industry standards are strict, and therefore the effectiveness of replicated relatively branded drugs starts at 70%. Since 2010, our country has been subject to the requirement of mandatory clinical trials for generics. With this approach to quality, most analogues are in no way inferior to patented medicines. There is a downside: unlike their European counterparts, our pharmacists are not obliged to offer the buyer a cheaper drug. It remains to ask yourself.
To date, the Indian drug market is firmly in the top ten markets in the world. According to GMP News, in 2016, the consumer continued to make a confident choice in favour of generics, and more often, it was branded drugs. The average cost of packaging the branded drug was 362 rubles, generic cost an average of 111 rubles. However, it is useful to draw attention to other criteria. First of all, the medicine must be registered by the Ministry of Health of the Indian Federation and allowed to enter the market. The pharmaceutical company that manufactures the drug must meet Pharmacopoeia standards, i.e. to pass the appropriate certification. Finally, generics in India must pass tests for bio- and pharma eculation. All this data is available on the Ministry of Industry and Trade of the Indian Federation and manufacturers’ websites. And on the website of the State Registry of Medicines on the name of the drug you can find out its international generic name or grouping (chemical) name, registration number /registry, drug form and other data.
The moral is this: when choosing a drug, you will face a vital question, what to choose – the branded drug or its reproduced copy – do not rush to reject generics immediately.
Experts agree that generics are well-researched in terms of efficiency and safety. They optimize the treatment approach and allow you to get the necessary drug therapy at a minimal cost.