Decoding Pharmaceuticals: Exposing the truth behind Branded Drugs and Generic Drugs

Generic Drugs and a marketed brand drug are same in dose, form, safety, strength, mode of administration, quality, performance characteristics, and intended use. These parallels support the concept of bioequivalence, which states that generic medication functions and offers the same therapeutic benefit as a brand-name medication in exactly the same way. Put simply, a generic medication can be taken in place of a branded one on an equivalent basis. In the early years of the Indian Patent Act of 1970. With their groundbreaking discoveries and inventions in the pharmaceutical industry, several multinational companies were dominating the market. India, meanwhile, never lagged behind in discoveries and inventions either, but it was prohibited from releasing pharmaceutical items that were the generic equivalent of those made by multinational companies (MNCs) or foreign organizations that owned the intellectual property rights (IPR) or patents for those products. ...