Pricing differences between patented products and non-patented products

The pricing difference between patented products and non-patented products mainly lies in market competition and intellectual property protection. For patented products, because of their unique technical advantages and intellectual property protection, their market competition is relatively low, so their pricing is relatively high. In addition, the R&D and production cost of patented products are relatively high, which is one of the reasons for its high pricing. For generic products, because their technology and intellectual property rights are not protected and the market competition is fierce, the pricing is relatively low. In addition, the R&D and production cost of general products are relatively low, which is one of the reasons for its low pricing. It should be noted that this is just a general trend, and the actual situation may be different due to product types, market demand, production costs and other factors.