Google Jun 30, 2009 | Web Health Directory

30 June, 2009

GENERIC DRUGS

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Drugs are marketed in two forms.The generic drugs and the brand name drugs.When a pharmaceutical company produces the the brand name version of a drug,that company actually possesses a patent right to produce and market the brand name version of the drug for a period of time.In order to get the the patent the pharmaceutical company has to spend a lot for research,trial,promotion,distribution of the drug.Then only,if the company can satisfy FDA or similar regulatory bodies in other countries,it is granted the patent for a limited...
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