• About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News
Friday, August 29, 2025
  • Login
The News Guru
  • Home
  • India
    • National
    • State News
  • Business
  • Education
  • Auto
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Food
    • Travel
    • Photography
  • Tech
    • App News
    • Gadgets
  • Sports
  • Finance/Money
  • Others
    • Science
    • Agriculture
    • Astrology
    • Politics
    • Religion
    • Social Work
    • World
    • Press Release
No Result
View All Result
  • Home
  • India
    • National
    • State News
  • Business
  • Education
  • Auto
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Food
    • Travel
    • Photography
  • Tech
    • App News
    • Gadgets
  • Sports
  • Finance/Money
  • Others
    • Science
    • Agriculture
    • Astrology
    • Politics
    • Religion
    • Social Work
    • World
    • Press Release
No Result
View All Result
The News Guru
No Result
View All Result
Home Health & Fitness

WHY branded drugs cost more than their generic counterparts?

The News Guru by The News Guru
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

India’s Dengue Hotspots: PharmEasy Report Shows Karnataka, Tamil Nadu, and Maharashtra Leading the Charts

Redefining Fitness In India: Siraj Lalani’s Vision With Plus Fitness 

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
ShareTweetShareSendPin
Previous Post

We can’t give up. Democracy must for fought for: Former Judge of Supreme Court Hon’ble Justice A.K. Patnaik while addressing a National Webinar on “Celebrating Democracy” to celebrate International Day of Democracy

Next Post

Antiretroviral Therapy effectively reduces HIV deaths: Study

The News Guru

The News Guru

Related Posts

India’s Dengue Hotspots: PharmEasy Report Shows Karnataka, Tamil Nadu, and Maharashtra Leading the Charts

India’s Dengue Hotspots: PharmEasy Report Shows Karnataka, Tamil Nadu, and Maharashtra Leading the Charts

by The News Guru
August 29, 2025
0

PharmEasy report shows dengue peaks in August–October  New Delhi, August 29, 2025: PharmEasy, one of India’s leading digital healthcare platforms,...

Redefining Fitness In India: Siraj Lalani’s Vision With Plus Fitness 

Redefining Fitness In India: Siraj Lalani’s Vision With Plus Fitness 

by The News Guru
August 13, 2025
0

India, August 13, 2025: When Siraj Lalani decided to bring Plus Fitness to India, he wasn’t just launching another gym...

India’s First Clean Supplement Brand to Put a Traffic Light on ‘Healthy’ Food

India’s First Clean Supplement Brand to Put a Traffic Light on ‘Healthy’ Food

by The News Guru
July 18, 2025
0

India, July 18, 2025: You walk into a store looking for something healthy, maybe a protein powder or a daily...

ClinicSpots Simplifies Online Doctor Consultation in India, Connecting Patients to Trusted Healthcare Experts Across Specialties

ClinicSpots Simplifies Online Doctor Consultation in India, Connecting Patients to Trusted Healthcare Experts Across Specialties

by The News Guru
July 1, 2025
0

The Shift Toward Digital Healthcare in India As India’s healthcare landscape evolves, more patients are turning to digital solutions to...

Next Post

Antiretroviral Therapy effectively reduces HIV deaths: Study

Akshaya Patra’s 15-day Vaccination Camp Launched in Jigani

Leave a Reply Cancel reply

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

India’s Dengue Hotspots: PharmEasy Report Shows Karnataka, Tamil Nadu, and Maharashtra Leading the Charts

India’s Dengue Hotspots: PharmEasy Report Shows Karnataka, Tamil Nadu, and Maharashtra Leading the Charts

August 29, 2025
Stop Collecting, Start Connecting: Helo.ai’s Prashant Gadekar Unveils Future of CX at IAMAI CLICK Summit

Stop Collecting, Start Connecting: Helo.ai’s Prashant Gadekar Unveils Future of CX at IAMAI CLICK Summit

August 28, 2025
Sleep Better, Live Better: A Young Adult’s Guide to Choosing the Best Mattress, Bedsheets, and Towels

Sleep Better, Live Better: A Young Adult’s Guide to Choosing the Best Mattress, Bedsheets, and Towels

August 26, 2025

MOST VIEWED

  • Young writer Taarini Singh launches her first book ‘My conversations with Rio’

    Young writer Taarini Singh launches her first book ‘My conversations with Rio’

    9 shares
    Share 4 Tweet 2
  • Physics Wallah Shines in UPSC NDA Final Result 2023: 40 Students Successfully Selected

    5 shares
    Share 2 Tweet 1
  • Synthesis of agonist molecule by CSIR-IICT for COVAXIN

    4 shares
    Share 2 Tweet 1
  • Surat food blogger, Vatsal Jariwala AKA the foodiecam sweeps the floor by achieving the title of 100k Followers on Instagram

    4 shares
    Share 2 Tweet 1
  • India and Norway to conduct marine spatial planning in Lakshadweep and Puducherry

    4 shares
    Share 2 Tweet 1

Categories

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

The News Guru, digital news and story platform bring you the news, articles, stories, and opinions on the latest happenings worldwide covering various sectors like nation, politics, and governance, social sector, review, foreign affairs, defence and security, latest review, lifestyle, entertainment, sports, technology, auto sectors, education, business and start-ups updates, Agriculture, Science, finance, money, food, and culture, etc.

India’s Dengue Hotspots: PharmEasy Report Shows Karnataka, Tamil Nadu, and Maharashtra Leading the Charts

India’s Dengue Hotspots: PharmEasy Report Shows Karnataka, Tamil Nadu, and Maharashtra Leading the Charts

August 29, 2025
Stop Collecting, Start Connecting: Helo.ai’s Prashant Gadekar Unveils Future of CX at IAMAI CLICK Summit

Stop Collecting, Start Connecting: Helo.ai’s Prashant Gadekar Unveils Future of CX at IAMAI CLICK Summit

August 28, 2025
Sleep Better, Live Better: A Young Adult’s Guide to Choosing the Best Mattress, Bedsheets, and Towels

Sleep Better, Live Better: A Young Adult’s Guide to Choosing the Best Mattress, Bedsheets, and Towels

August 26, 2025

Categories

  • Agriculture
  • App News
  • Astrology
  • Auto
  • Business
  • Education
  • Entertainment
  • Fashion & Beauty
  • Finance/Money
  • Food
  • Gadgets
  • Health & Fitness
  • Lifestyle
  • National
  • Photography
  • Politics
  • Press Release
  • Religion
  • Science
  • Social Work
  • Sports
  • State News
  • Tech
  • Travel
  • Uncategorized
  • World
August 2025
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News

© 2022 The News Guru.

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

© 2022 The News Guru.

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