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Importance of Generic Drugs: A Review

Abstract

A drug is a chemical substance which is used to treat or diagnose a disease. Its takes many years to discover a new drug as it has to undergo many tests, clinical trials etc., in order to pass the USFDA standards. Only if the drug is approved in the USFDA it is permitted to get manufactured in the pharma industries. Once the drug passes the stag of USFDA s’ approval it is then manufactured and the discoverer of the drug gets the patent for that drug. As the drug research is too costly based on the expenditure of the research, the discoverer decides the price for the drug which is too high, at least not affordable by common man. For this reason the introduction to generic drugs has introduced.

Aliya Moin, Sowjanya M

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