Generic DrugGeneric Medicine, Multisource Drug
A pharmaceutical product with the same active ingredient as an approved brand-name drug, demonstrated bioequivalent and typically approved through an abbreviated pathway.
Terms for how medicine prices are set and negotiated and how patients gain access to new treatments.
A pharmaceutical product with the same active ingredient as an approved brand-name drug, demonstrated bioequivalent and typically approved through an abbreviated pathway.
The practice of dispensing a generic drug in place of a prescribed brand-name product, typically permitted once a bioequivalent version is available.
The overall reduction from a drug's publicly listed gross price to the actual net price realised after rebates and discounts.