Generic Medicines: What are generic medicines? Why are they so much cheaper than branded medicines?

What Is Generic Medicines: Today, if a person suffers from any severe disease. In such a situation, there is an expense in treatment. Apart from this, expensive medicines make a person financially weak. A large part of people's income goes into buying these medicines. In view of this problem of the people, the Indian government is emphasising generic medicines. Generic medicines are much cheaper than other medicines. Since they are reasonable, there are no financial problems associated with purchasing them. This is a big reason why people are being made aware of affordable generic medicines. Today, in this series, we are going to tell you what generic medicines are and why their prices are more affordable than common medicines.

What are generic medicines?
Generic medicines are those medicines which do not have a brand name. These are sold and recognized by the name salt. There are many companies that make generic medicines. He has also made his brand name in the country. Despite this, the generic medicines made by them are pretty cheap. The Government of India is opening generic medicine stores in the country under the Pradhan Mantri Jan Aushadhi Yojana. Generic medicines are also as effective as branded medicines.

Why are generic medicines cheap?
There are many reasons behind generic medicines being cheap. The biggest reason behind these medicines being cheap is that the company does not have to spend on the research and development required to make these medicines. Most of the money spent on making medicines is in research and development. Research and development have already been done to make the medicine.

Apart from this, there is no promotion of generic medicines. Packaging of these medicines costs little. Apart from this, these medicines are produced on a large scale. Due to mass production, the prices become pretty low.