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Difference Between Generic and Brand Name Drugs. Markeith Williams Saint Joseph’s College of Maine American Healthcare Systems Professor Franklin 4/15/2025.
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Generic Drugs. Generic drugs are those manufactured and marketed after the original patent and other exclusive rights have expired (Premanath & Kulkarni, 2024). The manufacturers producing these drugs are not the original innovator companies (patent-holding). Generic drugs are underpinned by the bioequivalence concept to foster safety and efficacy in use (Premanath & Kulkarni, 2024). Medicine name, appearance, and packaging may differ from the reference medicine. Generic drugs are cheaper and affordable to most patients (Premanath & Kulkarni, 2024). Quality of generic drugs is depicted as below par compared to the reference drugs..
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Brand Name Drugs. Brand name drugs are manufactured by pharmaceutical companies holding the original patent. These companies have the right to fix the price of the drug as they deem fit for a specific number of years, normally 10 to 20 years (Premanath & Kulkarni, 2024). The pharmaceutical company chooses the number of the drug name which is easy to remember or market. Brand name drugs undergo rigorous processes before being sold to ensure safety and efficacy for use (Premanath & Kulkarni, 2024). These include: FDA approval, rigorous and original clinical trials, and continuous exclusive marketing before generic drugs enter the market.
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Figure 1: Table representation of the differences.
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Impact of Pharmaceuticals on Health Care Costs. Positive Impacts.
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References. Morgan, S. G., Bathula, H. S., & Moon, S. (2020). Pricing of pharmaceuticals is becoming a major challenge for health systems. BMJ, 368. https://doi.org/10.1136/bmj.l4627 Premanath, M., & Kulkarni, P. (2024). Generic Drugs or Branded Generics, Which One You Prefer to Prescribe?. APIK Journal of Internal Medicine, 12(3), 195-196. http://dx.doi.org/10.4103/ajim.ajim_119_23.