Posts Tagged ‘prescription’
Generic vs. Brand Name Prescription Drugs
Posted by Todd Fries | Filed under FAQ, Medicine
With the rising costs of medications, Generic Prescriptions are becoming more popular than ever. Some 65% of all prescriptions filled in the U.S. are now Generic, yet they account for only 20% of dollars spent on Rx. That shows the enormous savings between Generic and Brand Name prescription drugs.
By law, Generics must have the same active ingredient and the same action as the Brand version, which allows Generics to piggyback on the original safety and efficacy trials of Brand, hence the much lower price. (more…)
