Why generic drugs are important

Assignment Help Science

Reference no: EM133890749

Question

A drug is a chemical substance that is used to treat or diagnose a disease. It takes many years to find a new drug as it has to undertake many tests, clinical trials, etc in order to pass the USFDA standards. Just if the drug is accepted in the USFDA it is legal to obtain manufactured in the Pharma industries. As drug research is extremely costly based on the payments of the study, the pioneer decides the price for the drug which is too high, at least not affordable by the ordinary man. For this reason, generic drugs are introduced. The Generic Drug Development provides information about the generic drug.

1. Why Generic Drugs Are Important?

2. What are the advantages and disadvantages of producing generic drugs?

3. Do generic drug products acts same as name brand product to patient?

4. What are the key important factors that makes generic drug product unique compared to name brand product?

Reference no: EM133890749

Questions Cloud

Describe research findings from a peer-reviewed research ar : PSYC 2520- Describe research findings from a peer-reviewed research article. Brief description of psychology's role in developing, designing and disseminating.

Explain the on going process of the psychiatric assessment : Compare the phases and critical tasks involved in performing the initial interview. Explain the on going process of the psychiatric assessment.

Discuss what personal and direct impression of life : Discuss what personal and direct impression of life you think Henry James is attempting to accomplish in Daisy Miller.

Effective stress management techniques : Effective stress management techniques are effective in managing life stressors

Why generic drugs are important : Why Generic Drugs Are Important? Do generic drug products acts same as name brand product to patient?

How educators plan and scaffold cultural learning : Draw on and demonstrate your understanding of the subject resources as well as current and credible literature, reports, and documents

Healthcare quality and enhance performance improvement : Describe specific initiatives, laws, and accreditation standards that can be leveraged to improve healthcare quality and enhance performance improvement?

What are specific side-adverse effects to monitor for : What are specific side / adverse effects to monitor for? What is the desired effect of this medication?

Recommending opportunities for improvement : Recommendations should be one page per healthcare facility with top 3 areas of improvement based on legal, privacy and operational areas studied

User Account

All Pages