Generic medicines must have the same strength, dose, route of administration, and active component as brand medicines.
Brand Name vs Generic medicines are different in appearance.
Generic medicines are more affordable than branded medicines.
Many people are usually concerned about the quality of generic medicines because they are available at a cheaper price. They wonder if the quality and efficiency of generic drugs are compromised. The FDA orders that generic medicines should be as safe and effective as brand-name drugs.
The reason why the generic counterparts are available at an affordable price is that the generic producers; do not spend on developing and marketing the medication. When a pharmaceutical company launches a new drug in the market, the firm has already spent a huge amount of capital on research, development, marketing, and promotion of the drug. A patent is approved that gives the company the exclusive right to the manufacturer gains required profit.