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Generic drugs have become increasingly prominent in today's medical market. At a small fraction of the original cost, you can invest in generic drugs as opposed to brand-name drugs, saving you money and providing medication to your loved ones.
When you have been dropping your prescription in at the pharmacy you may have been asked if you would like a generic. There are many people who do not fully understand what that means and so they decide not to get it in case it is the wrong thing. However, if you do take a medicine regularly, then you should know about generic drugs and decide for yourself whether you would like to take them.
Generic drugs are medications that are manufactured and distributed without a patent. The generic version can carry a patent on the constitution, but not the active ingredient. The history of generic products began during the 1970s when Al Williams left his job as a label lines manager and began his own business called Keynote Marketing.
A drug manufacturer invests money to develop new medications. This process costs time and money to do the research and clinical trials. This is a large investment and generic drugs do not have that expense attached to them. After the drug is approved, the company holds a patent on that drug.
There seems to be a lot of mystery revolving around generic drugs, but they are not as mysterious as they seem. Basically, they are copies of brand named drugs.