What are Generic Drugs?

Generic drugs are medicinal products brought to market after the expiration of the originator’s patent protection. Generic drug providers market medicinal products containing the same active substances as those made by the originator. The major difference: generic drugs are less expensive!

The reason: generic drugs can be offered less expensively because research and development costs for these medicinal products are significantly lower than those for initial market introduction. Yet generic drugs are by no means “cheap copies.” Often they are medications that have actually been further developed, for example, with regard to taste, forms of administration and/or potency.

Generic drugs with Pharmaceutical Quality

The only generic drugs that come to market are those that have been tested according to the strict criteria set by the regulatory authorities. Producers must prove the excellent pharmaceutical quality of the medicinal product. The requirement for what is known as “bioequivalence” assures the equivalence between the generic drug and the original product with respect to release, absorption in the body, and availability.

Thus, generic drugs are officially licensed and tested medicinal products that have fully proven their therapeutic value. At the same time, they contribute to reducing costs in the health care system.