I always assumed that people knew what generic medication is. For those who are unfamiliar with what a generic medication is I will explain it here. Essentially a generic drug often referred to as just a generic is a medication created and sold without any kind of trademark associated to it. There could be a patent on the formula of it but not on the actual ingredient. For example, Priligy® has the Registered Trademark symbol associated to it. This is because all rights are protected by its owner and creator. One is not allowed to infringe on this name. The actual ingredient in Priligy® is named Dapoxetine. This is why there can be confusion with a generic, some people are confused and don't realize what is what. Essentially they are the same thing, but one is marketed with a name associated to it. Dapoxetine is a common/scientific name or the generic version of Priligy® and is the active ingredient. So people would refer to generic Priligy® as Dapoxetine. In order for a generic to be considered a generic, it must contain the same active ingredient(s) as the original. The FDA requires this for a drug to be considered a generic version. Usually this is the exact formula but a generic can also be extremely close as long as it is within a specific bioequivalent limit regarding its pharmaceutical make up. In essence, generics are the same in performance, dosage, safety, use, strength etc. Usually the generic version of a drug is allowed into the marketplace once their trademark has expired. Sometimes they are available regardless, and especially in some countries that don't acknowledge these patents. This usually results in a cheaper price for the generic since there is no trademark/patent and allows other companies to produce the drug. For those wondering why there even needs to be a patent on a drug to begin with, perhaps this better sums it up. For some drugs, the cost of developing them, testing them can take years worth of work, not to mention having to often use thousands of testing patients throughout this time. The cost can run well into many millions of dollars. Often these then are discarded or rejected by the FDA and those millions of dollars are lost. It only seems practical that if a company does all the research and creation of a new drug that they own the rights to it for upwards of 20 years (from the start of testing) often lasting 12 years or so once it becomes available on the market, in order to pay for the development costs and create a profit for all of their time and money they have put into it. If there where no patents to protect a drug, it would take out the incentive to come up with new medications as there would then be "scavenger" companies just waiting to make it without having to invest anything into it. Once the time on a patented drug has expired, it is free for the creating by pharmaceutical companies. A company cannot try to patent it again unless they actually change the chemical formula, and if they do so, they need to undergo the same kinds of testing that originally happened on the product. This also does not prevent the sale of the generic form of the original drug. |
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Priligy® / Dapoxetine Information |
