Speaking of India, many people have the impression that it is a poor country with a large population and a bad environment. However, it is precisely for this reason that generic drugs in India have developed rapidly. In recent decades, this magical country has produced a large number of cheap generic drugs every year, of which more than 60% are exported to developed and developing countries, and 40% of the generic drugs in the American market come from India, which is the largest drug supplier in the world and is known as the "third world pharmacy".
So what is a generic drug? This is going to talk about what is the original medicine. The popular name of the original drug is brand drug, which refers to the first company brand to develop a drug. Before the original drug goes on the market, it will go through rigorous experiments and clinical trials and be proved to be effective, safe and reliable before it can be popularized.
Because developing drugs requires a lot of capital investment, most Indians can't afford real drugs.
Therefore, in 1970, the Indian government customized a unique "patent law", that is, as long as India's pharmaceutical process is different from the patented production process of other pharmaceutical companies, it does not belong to patent infringement, which opened the door for Indian generic drugs.
The huge price difference provides room for generic drugs. Generic drugs are drugs copied according to the ingredients of patented drugs, not only in appearance and shape, but also in composition, structure and efficacy. Just a different name.
Because generic drugs only have production costs and no research costs, the price is only 20%~40% of patented drugs, and individual varieties even differ by more than 10 times! This is why Indian generic drugs are so popular ~