The generic medicines: In today time, if a person is suffering from a serious disease, then a lot of expenses are incurred for his treatment. “Nowadays treatment is very expensive. Apart from this, due to expensive medicines, people are becoming economically weak. A large part of people income goes to buy medicines. In view of this problem of the people, the government of India is emphasizing on buying generic medicines.
Generic drugs are much cheaper than other drugs. Due to being affordable, people do not have to suffer financially when they buy them. That is why people are being made aware of generic medicines so that their cost can be reduced. Today in this article, we are going to tell you what are generic medicines and why they are cheaper than branded medicines.
What is a generic drug?
Generic drugs are those that do not have a brand name. These drugs are known and sold by the name of salt. There are many such companies which make generic medicines and they have also made a name for themselves in the country.
Even after this, the generic medicines sold by those companies are coming much cheaper. The Government of India is opening stores of generic medicines in the country under the Pradhan Mantri Jan Aushadhi Yojana. Generic drugs are just as effective as branded drugs.
Why are generic drugs cheaper?
There are several reasons why these drugs are expensive. The biggest reason behind the affordability of these medicines is that the company does not have to spend any kind of expense in their research and development. A lot of money is spent on research and development. So its research and development has already happened.
Also, there is no promotion of generic drugs. And they don’t cost a lot of money to pack. These drugs are produced on a large scale. At the same time, due to more production, their price is much lower.