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A generic drug is simply a branded drug that uses a different name. You'll recognize many of the names. The brand Tylenol has a generic called acetaminophen. Prilosec is the brand name for generic omeprazole which helps people with reflux disease. Metformin, used by diabetes patients, is the generic name for the brand Glucophage. The US Food and Drug Administration (FDA) considers a generic drug to be "identical, or bioequivalent, to a brand name drug in dosage form, safety, strength, route of administration, quality, performance characteristics and intended use." But generic drugs cost less than their branded (also called "innovator") counterparts, and with the skyrocketing costs of healthcare, choosing generic drugs may be one way to keep costs lower. Because they cost so much less, it's fair to ask the question about whether or not they are truly equal. What Are the Differences Between Generic and Branded Drugs? Beyond the pricing, there are at least two other differences.More articles
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