| Definitions from the WebTerm: Generic DrugDefinition: A generic drug is a medication that contains the same active ingredient as a brand-name drug, but is typically sold at a lower cost. It is approved by regulatory authorities after the patent protection of the original brand-name drug expires. Examples of usage:Part of Speech: Noun
  He decided to switch from the brand-name medication to a generic drug to save money.Patients often prefer purchasing generic drugs as they are more affordable. Part of Speech: Adjective
  The pharmacy offers a wide range of generic drug options.The generic drug industry has been growing rapidly in recent years. Part of Speech: Adverb
  The pharmacist explained the benefits of using generic drugs over brand-name drugs.The prices of medication went down significantly when the government started promoting generic drugs. Part of Speech: Verb (Genericize)
  The pharmaceutical company decided to genericize their drug to make it more accessible to a wider population.After losing patent protection, the company chose to genericize the medication to maintain market share. Related Products on Amazon: |