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Is your generic pharmaceutical FDA approved?
FDA-approved generics are available on our website.
Why do so many individuals look to buy generic drugs?
Many people choose generics since brand-name medicine manufacturers spend a lot of money to advertise their products. As a result, the producer convinces customers that they need to acquire his or her product. A generic drugmaker spends less money on product research and marketing than a brand-name drugmaker. Furthermore, the introduction of a generic equivalent for the same drug creates competition. This aspect helps in the price reduction.
How can the low cost of a generic drug be explained?
Many consumers are concerned because generics are typically less expensive than their brand-name counterparts. The usefulness and quality are debatable. We assure you that you have nothing to be concerned about. The Food and Drug Administration has a number of rigorous standards, including safety and effectiveness.
A generic drug manufacturer does not invest in marketing or research and development. That is why a generic drug is less expensive. The original manufacturer invests a significant amount of money in research and development, marketing, and promotion. When a manufacturer introduces a new product, it is critical that a patent be granted. It grants the company exclusive rights to sell the drug (as long as the patent is valid).
When a patent expires, a manufacturer can file an application with the FDA to obtain permission to manufacture and sell generic versions of the drug. Different businesses can afford to produce and sell the treatment at a lower cost since they do not have to factor in the drug’s development expenditures. Because of the competition among numerous companies that begin making and selling a pharmaceutical, the price can be reduced.
We hope that the widespread misconception that generic medications are of lower quality than brand-name equivalents and are manufactured in low-quality facilities is dispelled. Because the Food and Drug Administration requires that all drugs meet the same standards, many companies produce both brands and generics.
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