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GENERIC DRUGS Poster Presentation

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GENERIC V/S BRANDED MEDICATION

May it be branded , may it be generic the intention is to cure.

GENERIC V/S BRANDED


NO DIFFERENCE API NO DIFFERENCE
LOWER PRICE HIGHER
NORMALLY ALWAYS INSURANCE COVERED IF NO
COVERED COVERAGE GENERIC FORM EXISTS
ACCEPTABLE BY FDA EXCIEPIENTS TESTED AND
APPROVED BY FDA
NO DIFFERENCE DOSAGE/ NO DIFFERENCE
STRENGTH
PACKAGING AND APPERANCE/ DRUG STANDARD IN
DRUG MAY LOOK LOOK SIZE, COLOR.
DIFFERENT
AVERAGE ANNUAL COST OF THERAPY
Most American’s now GENERIC DRUGS V/S BRANDED DRUGS
believe that generic
medications are as good $8,000
as branded medications
$7,000

$6,000
7 in 10 prescriptions in
Canada are for $5,000
generic drugs $4,000

$3,000
59% agree that
generic prescription $2,000
medication are as
safe as branded $1,000
medication
$0
2013 2014 2015 2016 2017

BRANDED DRUGS GENERIC DRUGS

FAQ
Why branded medicines are expensive?
Brand-name maker often invented the drug, a process that can cost millions of dollars.
REFERENCE LINKS :
http://www.northwestfamilyclinics.com/blog/brand-name-vs-generic-drugs-understanding-difference
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5320819/
https://www.the-hospitalist.org/hospitalist/article/198828/business-medicine/cost-gap-widens-between-brand-name-
generic-drugs

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