Generic vs. Brand Name Drugs

Generic drugs are medications that have the same active ingredients, dosage, and effects as their brand-name counterparts but are typically sold at a lower price. After a brand-name drug’s patent expires, other companies can produce the generic version. Brand-name drugs are developed by companies that invest in research and marketing, leading to higher initial costs. Both types must meet the same safety and effectiveness standards set by regulatory agencies. Choosing generic drugs can save money without sacrificing quality or efficacy.