Manufacturers Of Medicines Generic

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We know that a generic contains the same active ingredient and has the same effect as the original product. The main difference between original and generic drugs is the name and price. These are the only facts which differ the original generics on the market. The original or brand pill has an exclusive logo of the brand, color and shape. To read more click here: David Green. In addition to the color and shape, the brand pill is absolutely identical to its generic form. The generic market in Spain has begun to develop in the early 2000s. According to a study by PricewaterhouseCoopers, the India will be one of the 10 major markets for the sale of generic drugs in the year 2020 and foreign companies cannot ignore the enormous potential in the pharmaceutical market of the India. Most well known pharmaceutical manufacturers who produce high quality generic drugs are: laboratories Aurochem Unicure Remedies the chemical, industrial laboratories and pharmacists (Cipla) Ajanta Pharma Intas Pharmaceuticals laboratories Ind-Swift laboratories Olcare Glenmark Pharmaceuticals Micro Labs laboratories Ranbaxy Laboratories Unichem Vipro Lifescience like all other products, the drugs are protected by patents whose terms has been established up to twenty years.

In 2004, the India has changed its rules on patents.The India patent system is designed to encourage companies to invest in the manufacture of low-cost products, such as medicines generic, widely available on the international market at low prices. Generic drugs are approved by the FDA in the same way as brand-name drugs. The FDA or Food and Drug Administration regulates the market and protects consumers by inspecting drug manufacturers, to submit reports about products that do not meet standards.

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