Friday, 1 April 2016

Generic medicines – the lifesaver of masses.

Generic medicines – the lifesaver of masses.


What is a generic medicine?


A medical product that is identical to a brand name medical product in dosage form, safety, strength, route of administration, quality, performance characteristics.

According to guidelines of FDA (Food and Drug Administration), generic medical products are chemically equivalent to a brand name drug, although minor differences such as colour or types of salts or esters are present.

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Generic Medicines


Why use generic medicine?

The main difference between a brand drug and its generic equivalent is the cost of the product.  A generic drug must contain the same ingredients and must be equivalent in strength and dosage to the orginal brand-name product.  The reason generic medicines are so cheap is because the manufacturers of generic drugs do not have the same development cost of a brand name and they pass on that benefit to customers.

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Generic Medicines Vs Branded Medicines


Because of its low cost, generic medicines is the only type of medicines that the poor can afford.  Although access to generic medicines is yet to improve in India, times are now changing with some excellent online medical store startups that aim to provide medicines at a low cost.


Generic medicines come under the same umbrella of regulations as brand name medicines and they are absolutely safe to take.  There is a popular misconception that generic medicines take longer to work and has side effects effects, which is not true since they have the same biochemicals used in brand name medicines.


Awareness is the key.


There are already many generic medicine shops cropping up across India.  When you are prescribed medicines while in hospital or clinic, you can ask your prescribing physicians or doctors for a generic equivalent of a brand name drugs.  You can use the online database of Indian generic drug list called Jan Aushadi.  Alternatively you can use the many online pharma databases provided by Genericwala.
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Generic medicines in India.
Why India is the Pharmacy of the world
India role in Generics
The Indian pharmaceutical industry is the third largest in terms of volume in the world.  How does Indian pharmaceutical industry provide low cost drugs to the poor masses and still turn our profit?  Indian pharmaceutical industries often operate on a much lower profit margin than the western pharmaceutical industries and the labour costs are somewhere around 50% lower in India compared to United States and Europe.


India was able to reach this position due to reverse engineering of many off-patent drugs.  This enabled access of many life-saving drugs to the poor of not only India but across countries in Asia, Africa and Australia.  In fact Indian generic medicine is so important that many International NGOs like Medicins Sans Frontieres or Doctors without borders depend on India for treating patients in under-developed countries.  India's pro-public health policy has been hailed across the world as a model for how future public health policies should look like, although many areas need improvement.

As citizens of India, it is upto us to utilize the benefits of this public health policy.  The awareness still needs to improve among the general public in India on availability of generic drugs versus brand name drugs.

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