Concept information
Preferred term
generic drugs
Definition
- Generic drugs, sometimes known colloquially as generics, are drugs that are bioequivalent to a brand-name drug with respect to the pharmacokinetic and pharmacodynamic properties. However, because of the registration of brand-name drugs, generic drugs tend to be sold at a much lower price, enabling health service providers and customers to make substantial savings. [Source: Encyclopedia of Global Health; Generic Drug]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/generic_drugs
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