Generic vs Brand Name Meds

Question 1

What is the relationship between generic and brand name drugs?

Answer 1

• Same: active ingredient, strength, dosage form, route of administration, indication (use), bioequivalence, quality, same FDA regulations for manufacturing, EFFECTIVENESS
• Different: inactive ingredients

Question 2

Why are generic drugs cheaper?

Answer 2

• Not required to repeat clinical trials
• Don’t usually pay for costly marketing/promotion
• More generic manufacturers allowed -> Increased competition -> Lowered costs

Question 3

What are cost-saving strategies for medications?

Answer 3

GOT MeDS:
Generics, Ordering in bulk (3mo supply), Therapeutic alternatives (OTC), Medication review (remove unnecessary meds), Discount drugs (Walmart, Target), Splitting pills

Question 4

Who regulates generic Rx drugs? Brand name drugs?

Answer 4

FDA - also regulates brand name drugs