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drug, generic
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drug, generic

Any non-branded drug that has the identical effect of a branded product. Generic drugs are cheaper than their branded equivalents. Usually generic drugs are produced when the patent on a branded drug has expired.



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Big pharmaceutical companies are now paying off smaller generic drug makers to halt production altogether, to keep these cheaper drugs out of the market.
These generic drugs are very cheap so that you can afford to buy them no matter what the market condition is.
A Canadian federal court on Thursday upheld pharmaceutical giant Pfizer's patent for Viagra, dashing generic drug maker Novopharm's longing for sales of cheaper erection drugs.
 
 
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