• About Us
  • Advertise
  • Privacy Policy
  • DMCA
  • Contact Us
  • Follow on Google News
Thursday, July 3, 2025
  • Login
Kerala Reporter
  • Home
  • Kerala
  • India
    • National
    • State News
  • Business
  • Auto
  • Education
  • Lifestyle
    • Health & Fitness
    • Food
    • Fashion & Beauty
    • Photography
    • Travel
  • Entertainment
  • Finance/Money
  • Tech
    • App News
    • Gadgets
  • Others
    • Agriculture
    • Astrology
    • Sports
    • Politics
    • Press Release
    • Religion
    • Science
    • Social Work
    • World
No Result
View All Result
Kerala Reporter
No Result
View All Result
Home Lifestyle Health & Fitness

WHY branded drugs cost more than their generic counterparts?

Kerala Reporter by Kerala Reporter
September 16, 2021
in Health & Fitness
0
Share on FacebookShare on Twitter

Price disparity in branded medicines and their generic counterparts compare in price, appearance, availability, and more. Despite generic drugs containing the same active ingredient as their brand-name counterparts, they cost relatively less than the branded ones because of multiple reasons and not just one.

Branded medicines cost 30%-90% more than generic medicines. Before the 1960’s, the international pharmaceutical industry was much unregulated. Production of medicinal drugs was solely under the supervision of the manufacturers. There was immense negligence which later was taken into account by regulation of governmental organizations like FDA, CDSCO etc. Pharma companies started undergoing tests conducted by the regulatory bodies for approvals of medicines. This process led to competitions between pharmaceuticals. The reason behind why brand-name drugs are typically more expensive is because pharmaceutical groups can spend up to $5 billion just to create a new drug based medicine. In the course of recovering the money spent on a new drug from its invention, to developing, research and testing, & later marketing, the medicines eventually quotes high.

Related Posts

Akanta Ayurveda & Yoga: Cherai’s Exclusive Ayurveda Resort in Kerala with Licensed Hospital Care

Akanta Ayurveda & Yoga: Cherai’s Exclusive Ayurveda Resort in Kerala with Licensed Hospital Care

July 3, 2025
Visionary Leadership: Padmaja T’s Unstoppable Mission to Revolutionize Global Pet Care

Visionary Leadership: Padmaja T’s Unstoppable Mission to Revolutionize Global Pet Care

May 24, 2025

Sanjay Grover, President StayHappi Pharmacy states, “In spite of similar formulation of the drug kinds, sizes & shapes; higher research costs of the branded ones invested in clinical studies & tests, make them stand poles apart to prove their efficacy unlike the generic ones. This saves the generic drug producers a lot of money, hence low cost.” However, there are different laws in countries that do not allow generic drugs to look the same as their equivalent branded ones. And generic drugs, on the other hand, themselves can have different physical characteristics than their brand-name equivalents with approval from FDA’s Office of Generic Drugs Trusted Source.

Another important reason could be the medical results for chronic physical conditions for both the kinds of drugs being comparable. Generic drugs may not have similar clinical impact as that of the branded ones in conditions namely, hypertension, diabetes, osteoporosis, and psychiatric conditions such as anxiety and depression, or for cardiovascular conditions. Even though scientific databases MEDLINE and EMBASE suggest there are no differences between both drugs, people may be more likely to choose a generic over a brand-name drug for cost-effectiveness. However, researchers also state there is not enough evidence to draw any firm conclusions as to which is the better one.

As a matter of fact, in a 2015 report, the American College of Physicians called for doctors to prescribe generic over brand-name drugs where possible, whereas 60% of research studies across different scientific databases found the risk of hospital visits was higher in people taking the generic ones.

Puneet Singh, Senior Marketing Manager, Stayhappi Pharmacy also added, “Consumers’ attitude plays a crucial role in setting the prices for both the kinds of drugs. The researchers also state that if the pharma industry, public health lawmakers, and health professionals better understood consumer intentions and behavior towards generic medicines, they could help expand its use just like the brand-name ones. Since there is a remarkable price difference in both the kinds, often this cost difference sometimes also becomes the deciding factor for consumers to make a choice between the two.”

Although more research is necessary to determine if branded drugs are better for certain conditions. The American College of Physicians says that doctors should prescribe the generic where it is available. Because they do not have to undergo the same human and animal studies as brand-name drugs. The only legit way to determine the better option between brand-name and generic drugs is through a person’s healthcare professional, who may consider prescribing the right medication depending on the specific health condition and current research.

Tags: Generic medicinesPharma IndustrySanjay GroverStayHappi Pharmacy
Previous Post

Shyamantak Ganguly – Won 2nd place in National Kickboxing Championship, 2021, Goa

Next Post

Ajit Industries launches Self Adhesive Kraft Paper Tape and Honeycomb Paper

Kerala Reporter

Kerala Reporter

Related Posts

Akanta Ayurveda & Yoga: Cherai’s Exclusive Ayurveda Resort in Kerala with Licensed Hospital Care
Health & Fitness

Akanta Ayurveda & Yoga: Cherai’s Exclusive Ayurveda Resort in Kerala with Licensed Hospital Care

by Kerala Reporter
July 3, 2025
0

India, July 3, 2025: Nestled between the Arabian Sea and...

Visionary Leadership: Padmaja T’s Unstoppable Mission to Revolutionize Global Pet Care
Health & Fitness

Visionary Leadership: Padmaja T’s Unstoppable Mission to Revolutionize Global Pet Care

by Kerala Reporter
May 24, 2025
0

“Every pet deserves not just care, but compassionate partnership. At...

Tvara Superfood Launches India’s First Daily Seed Cycling Blends for Female Hormonal and Chakra Nourishment

Tvara Superfood Launches India’s First Daily Seed Cycling Blends for Female Hormonal and Chakra Nourishment

May 22, 2025
STAR Hospitals, Nanakramguda Launches New-Gen Robotic Surgery System for Joint Replacement Surgery

STAR Hospitals, Nanakramguda Launches New-Gen Robotic Surgery System for Joint Replacement Surgery

May 21, 2025
First-of-its-Kind Case in India: Malla Reddy Narayana Cancer Hospital Successfully Treats Primary Peritoneal Ewing’s Sarcoma with Advanced HIPEC Surgery

First-of-its-Kind Case in India: Malla Reddy Narayana Cancer Hospital Successfully Treats Primary Peritoneal Ewing’s Sarcoma with Advanced HIPEC Surgery

April 21, 2025
Svdaa: The New Benchmark in Luxury Skincare

Svdaa: The New Benchmark in Luxury Skincare

March 12, 2025
Next Post

Ajit Industries launches Self Adhesive Kraft Paper Tape and Honeycomb Paper

Webinar Organised On World Patient Safety Day to Discuss 'Safe Maternal & Newborn Care’

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Khadi and Village Industries Commission Signs MoU with ITBP

4 years ago

IREDA to Support NHPC in Green Energy projects for 5 years; MoU Signed today

4 years ago
Feed Smart breaking the mold in family nutrition with 100% transparent products that add superfoods to your daily life!

Feed Smart breaking the mold in family nutrition with 100% transparent products that add superfoods to your daily life!

2 years ago
School hosts the biggest free-for-all esports tournament

School hosts the biggest free-for-all esports tournament

2 years ago

BROWSE BY CATEGORIES

  • Agriculture
  • App News
  • Astrology
  • Auto
  • Business
  • Education
  • Entertainment
  • Fashion & Beauty
  • Finance/Money
  • Food
  • Gadgets
  • Health & Fitness
  • India
  • Kerala
  • Lifestyle
  • National
  • Photography
  • Politics
  • Press Release
  • Religion
  • Science
  • Social Work
  • Sports
  • State News
  • Tech
  • Travel
  • World

BROWSE BY TOPICS

ActionAid Association AI Artificial intelligence author Bangalore Bengaluru cybersecurity Delhi Dheeraj Gupta Digital Marketing Dr. Jitendra Matlani Dubai Education entrepreneur Fairplay Gujarat Gurugram Healthcare Hyderabad Influencer innovation investment Kerala Kingston Technology K Raheja Corp Homes memory products and technology solutions mental health model Mumbai music Music Industry Nidarshana Gowani Noida photography Pune real estate research Sachin Arora Shantanu Bhamare social media influencer Surat technology The Circle: Founders Club The Circle FC Women Empowerment

POPULAR NEWS

  • "My character of Geeta is completely opposite from my real life "says Middle Class Love actress Kavya Thapar as she shares a glimpse of her new Telugu film along with superstar Sundeep Kishan

    “My character of Geeta is completely opposite from my real life, “says Middle Class Love actress Kavya Thapar as she shares a glimpse of her new Telugu film along with superstar Sundeep Kishan

    0 shares
    Share 0 Tweet 0
  • Now our E-store India has become an international company

    0 shares
    Share 0 Tweet 0
  • Nishtha Solanki the mastermind behind Atikin Foundation

    0 shares
    Share 0 Tweet 0
  • Book Launch of “My Career My Choice” Achieving Success with Abhishake De Sarkar

    0 shares
    Share 0 Tweet 0
  • India ranks 3rd in Start-Up ecosystem and Unicorns: Dr Jitendra Singh

    0 shares
    Share 0 Tweet 0

Follow us on social media:

Recent News

  • Muslim Matchmaking App, Muzz, Hosts First Ever First Offline Event for Muslim Singles — Here’s What Happened
  • Akanta Ayurveda & Yoga: Cherai’s Exclusive Ayurveda Resort in Kerala with Licensed Hospital Care
  • Moonlit Magic Returns: Rann Utsav 2025–26 Bookings Now Open for India’s Iconic White Desert Festival

Category

  • Agriculture
  • App News
  • Astrology
  • Auto
  • Business
  • Education
  • Entertainment
  • Fashion & Beauty
  • Finance/Money
  • Food
  • Gadgets
  • Health & Fitness
  • India
  • Kerala
  • Lifestyle
  • National
  • Photography
  • Politics
  • Press Release
  • Religion
  • Science
  • Social Work
  • Sports
  • State News
  • Tech
  • Travel
  • World
July 2025
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031  
« Jun    
  • About Us
  • Advertise
  • Privacy Policy
  • DMCA
  • Contact Us
  • Follow on Google News

© 2022 Kerala Reporter - Design & Developed by Brand Maker RD.

No Result
View All Result
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Home
  • Privacy Policy

© 2022 Kerala Reporter - Design & Developed by Brand Maker RD.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In