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Generic Medicines PowerPoint Presentation

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Description : Check out this medical PowerPoint presentation titled "Generic Medicines" by EUPATI.

This medical PowerPoint presentation is about generic medicines, drugs that are bioequivalent to brand-name drugs in terms of their quality, dosage, strength, route of administration, intended use, and effectiveness, but are generally sold at a lower cost. They are usually produced after the patent of the brand-name drug expires or is invalidated.

The development of a generic medicine involves a rigorous process of testing and clinical trials to ensure that it meets the same standards for safety and efficacy as the brand-name drug. However, generic medicines may differ in appearance, size, shape, and color from the brand-name drug, and they may also have different inactive ingredients.

Generic medicines can offer several benefits to patients and healthcare systems, including increased affordability and accessibility of essential medicines, particularly in low- and middle-income countries where the cost of brand-name drugs may be prohibitive. They also promote competition in the pharmaceutical industry, which can help to drive down the cost of drugs over time.

Tags : Generic Medicines, bioequivalent to brand-name drugs, pharmaceuticals, pharmaceuticals PowerPoint presentations

Published on : Jun 23, 2023 | Views : 901 | Downloads : 0

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Slide 1-

Generic Medicines
Slide 2-

When chemical medicines are first developed and approved, they are sold by a pharmaceutical company under a brand name. Once the protection of the product expires for example, patents or regulatory protection such as data exclusivity, the company no longer has exclusive rights to sell the medicine. Other companies can then apply to manufacture and sell a comparable medicine with the same active pharmaceutical ingredient (API). This new version is often referred to as a ’generic’. 2 Generics
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A generic medicinal product is defined as a medicinal product that has: the same composition - qualitative and quantitative, in active substance(s) as the original, the reference medicinal product (typically brand-name products), the same pharmaceutical form – e.g. tablet, syrup, inhaler, etc. as the reference medicinal product and has been shown to interact with the body in a similar manner to the reference medicinal product. 3 What is a Generic Medicine?
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Chemically, there is no difference between the original branded medicine and the generic medicine. As with all medicines, generics must comply with appropriate regulatory approval processes assessing and ensuring quality, safety, and efficacy. Approved generics are regulated in the same way that original medicines are regulated. 4 What is a Generic Medicine?
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The original medicine and the generic medicine will have different brand names, appearances, and packaging but contain the same active ingredients. Essentially, they can be considered the same medicine. This could cause confusion were it not for the generic name (International Nonproprietary Name, INN) which is shared by all brands of the medicine. Examples of such names are well known for pain medications – for instance, active ingredients such as paracetamol and ibuprofen are used as the basis for many of the painkillers that can be bought in pharmacies. 5 Generic Names
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The key benefit of generics and the reason that they are preferred by many patients, doctors, and hospitals is that they often cost much less than original medicines. Because of their comparatively low cost, the equality of generics and original medicines is often questioned by patients. Generic medicines cost less than the original medicine because the costs of research and development have been covered by the company that marketed the original medicine. However, generic medicines are manufactured according to the same quality standards as all other medicines. 6 Cost and Quality of Generic Medicines
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Generic medicines are regulated in the same way as the original medicines. The generic company does not need to demonstrate non-clinical or clinical test results for their products before obtaining a marketing authorisation. The generic medicine is tested to show that it produces the same levels of the active substance in the body as the original medicine before obtaining a marketing authorisation. Manufacturing facilities and conditions must be of a very high standard. Following approval of a generic medicine, the company producing it must commit to the collection and reporting of additional post-marketing safety data. 7 Regulation of Generics
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There have been problems reported by patients who changed from the original medicine to its generic form, and vice versa. These problems appear to come from variation in the inactive ingredients, for example, a patient may have an allergy to an inactive ingredient used in a generic formulation. 8 Reported problems