Results for tag: "Generic Substitution"

Generic Substitution is a market within the pharmaceutical industry that focuses on the production and sale of generic drugs. Generic drugs are copies of brand-name drugs that have the same active ingredients, dosage form, strength, route of administration, safety, efficacy, and intended use. Generic drugs are typically much cheaper than their brand-name counterparts, making them a popular choice for consumers. Generic Substitution is a process in which a generic drug is substituted for a brand-name drug, usually at the request of the patient or physician. This process is regulated by the FDA and is designed to ensure that the generic drug is of the same quality and safety as the brand-name drug. Some of the major companies in the Generic Substitution market include Teva Pharmaceuticals, Mylan, Sandoz, and Sun Pharmaceuticals. Show Less Read more