Tag: generic drugs

Therapeutic Equivalence: What It Really Means for Patient Safety

Therapeutic equivalence ensures generic drugs work just like brand-name ones, saving money without risking safety. Learn how the FDA verifies this, why it matters for patients, and when to be cautious.

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How Insurers Save Millions on Generic Drugs Through Bulk Buying and Tendering

Insurers save billions on generic drugs through bulk buying and competitive tendering-but patients often don’t see the savings. Learn how the system works, why you might still be overpaying, and how to find real discounts.

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Generic vs Brand-Name Drugs: Key Differences Explained

Generic drugs work the same as brand-name versions but cost up to 85% less. Learn how the FDA ensures they're safe, when to choose them, and why some patients still prefer the original.

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Comparison Shopping Online: Finding the Best Generic Prices for Medications

Learn how to find the cheapest generic medications online using trusted comparison tools. Save up to 40% on prescriptions by comparing prices across platforms like Google Shopping, PriceRunner, and Shopzilla.

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Healthcare Drug Spending: How Generics Cut Costs Without Compromising Care

Generics make up 90% of U.S. prescriptions but only 12% of drug spending, saving billions annually. Learn how they work, why they’re cheaper, and why they’re the most effective tool for controlling healthcare costs.

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Pharmacist Recommendations: When to Suggest Authorized Generics

Pharmacists should recommend authorized generics for patients with allergies, narrow therapeutic index drugs, or those who react poorly to regular generics. These are identical to brand-name drugs, made by the same manufacturer, and offer safety and cost benefits.

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How Insurance Plans Use Generic Drugs to Cut Prescription Costs

Insurance plans use tiered formularies, mandatory substitution, and step therapy to push patients toward generic drugs, saving billions annually. But hidden PBM practices often prevent patients from seeing the full savings.

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Asian Generic Pharmaceutical Markets: India, China, and Emerging Economies Explained

India and China dominate the global generic drug market, supplying most of the world's affordable medicines. India leads in volume and customer service, while China controls API production and is moving into high-value biologics. Emerging economies like Vietnam and Cambodia are carving out niche roles.

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