Question

why are generics cheaper than the patented drugs

Answer 1

Answer:

As the manufacturers don't have to spend as much as the pharmaceutical giants to roll out these drugs into the market, generic drugs are comparatively cheaper.

Explanation:

Actually, generic drugs are only cheaper because the manufacturers have not had the expenses of developing and marketing of a new drug. When a company brings a new drug in the market, the firm has already spent substantial money on research, development, marketing and promotion of the drug or medicine.

Answer 2

Answer:

Actually, generic drugs are only cheaper because the manufacturers have not had the expenses of developing and marketing of a new drug. When a company brings a new drug in the market, the firm has already spent substantial money on research, development, marketing and promotion of the drug or medicine.