Explain global and national initiatives on generic and brand medicine
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Explanation:
global and initiative on genetic and brand medicine
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Answer: A generic drug must be identical to a brand-name drug in terms of dose, safety, effectiveness, strength, stability, and quality, as well as in how it should be administered. The risks and advantages of generic medications are identical to those of their brand-name counterparts.
Explanation:
Generic medications cost less than brand-name medications. By purchasing generic medications, you can considerably reduce your costs. Contrary to non-generic medications, these drugs have lower prices because the clinical trials for the active ingredient do not need to be repeated.
- National level initiative: The Department of Pharmaceuticals started the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) initiative to offer the general public high-quality medications at reasonable costs.
- PMBJP stores have been established to offer generic medications, which are less expensive yet have the same quality and effectiveness as more expensive branded medications.
- Global level initiative: The OGD Global Generic Drug Affairs team works with strategic partners inside and outside of FDA to develop globally-focused initiatives that advance and safeguard the health of the American populace.
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