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What is a generic medicine? - oliviajosie - 05-23-2019
[attachment=363]A generic medicine is merely an alternative brand of a drug. It contains the same active ingredient as the first drug in the same dose and strength, and it's absorbed into the body at the same rate.
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When a pharmaceutical company first develops a new medicine, it usually applies for and is granted a patent. A patent allows the pharmaceutical company to manufacture and sell that drug exclusively for some time without competition.
Once the patent expires, competition is allowed, and other companies can make and sell generic versions of the original brand of medicine.