What is global national initiative of generic and brand medicines?
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After the expiry of patent or marketing rights of the patented drug, generic drugs can be marketed. ... of India has launched a campaign 'Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP)' to promote the availability of generic drugs at affordable prices for all.
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While brand name drug refers to the name giving by the producing company, generic drug refers to a drug produced after the active ingredient of the brand name drug. Generic drugs will, however, be sold under different brand names, but will contain the same active ingredients as the brand-name drug.
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