Generic Vs Brand Medicines

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I am no expert in medicine but talking to one of my friends who is in this business for a long time made me realize how far some people have gone in order to make money from common people illegitimately.

You must have heard that there are huge margins in medicine business, well that’s actually only half true. Top pharma companies which are generally known to most of us are Pfizer, Johnson & Johnson, GlaxoSmithKline, Lilly, Sun Pharmaceutical, Cipla etc and like every other commodity the profit margins for their products are moderate.

With the advent of generic medicines, however, this equation has totally changed, the manufacturing cost for these medicines is ten times less than their counterpart (which they are the copy of) and, the MRP of these medicines is same as their counterparts and it’s extremely difficult for a consumer to identify if the medicine is generic or not. At the same time, the efficacy of these medicines is ten times less than their brand counterparts.

As an aware consumer what we can do at most is request the pharmacist to give only brand medicines.

Eid Mubarak :)..!!

Published by Faisal

I am Faisal , a software developer @ Oracle, Hyderabad. Trying again my hands on blogging after several failures. Apart from blogging, I like cycling, running, and clicking pictures(who doesn't), I like to be productive in general.

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