Tag: generic drugs
Generic vs Brand Name Drugs: What the Label Really Tells You
Generic drugs are just as effective as brand-name versions, with identical active ingredients and FDA-approved therapeutic equivalence. The main differences are in labeling, appearance, and cost-generics save patients up to 90% on medication expenses.
Hatch-Waxman Act: How It Shaped Generic Drug Access in the U.S.
The Hatch-Waxman Act created the modern system for generic drug approval in the U.S., balancing innovation incentives with affordable access. It cut drug costs by 80% and made generics 90% of prescriptions.
