Generic Pharma

1. Generic Pharma The need for a generic drug is a drug that is similar to a brand-name drug, but can only be produced after the patent of the brand-name drug expires, and generic drugs are cheaper because they are cheaper. This is because manufacturers do not spend on the development and marketing of new drugs or when a company launches a new drug, the firm spends a lot of money on drug research, development, marketing and advertising, and generic drugs are cheaper and good luck to most people. At GeneriLife, we can sell patients at a discounted rate through their own "Swast Aushadhi Kendra" franchise to patients in need who need to be motivated to come forward and be motivated to become entrepreneurs. What do you call branded drugs? Under patent protection, a pharmaceutical company develops new drugs that have a high cost of research to further develop into brand-name drugs, and this patent protects drug development investments by giving the pharmaceutical company the sole right to produce and sell brand-name drugs and whether they are affected or not, all of this usually results in a huge cost out of the patient's pocket. Patents or other specific terms, other manufacturers may submit a new drug application (ANDA) to the FDA for approval to market a generic version of a brand-name drug, and generic drugs

2. are chemically identical to their branded parts, although they are usually sold. At a cheaper rate than brand-name drugs because the drug has not evolved from the beginning. The best generic pharma companies in India and store ERP software can be used for our high- quality pharma products and services for instant information, familiar and excellent Indian pharma manufacturers and replenish stocks at short notice as well as to meet specific needs of customers. The investment includes all the prices mentioned above and will no longer incur any costs. Generic drugs are cheaper because they are cheaper and this is because the manufacturers did not incur the cost of developing and marketing the new drug or when a company launch’s a new drug, the firm has already spent a lot of money on drug research, development, marketing, and advertising. Thus common medicines are cheaper and more affordable than most people.