subject: Why are Generic Drugs Cheaper Online? [print this page] Why are Generic Drugs Cheaper Online? Why are Generic Drugs Cheaper Online?
Generic drug is defined as an analog substitute or a bioequivalent of a branded drug with the same pharmacokinetic and pharmacodynamic properties. Why is generic drugs sold cheaper than the brand name medicines?
The main reason for more cheaper price of generic drugs is that their manufacturing companies don't have much overhead cost. Therefore they can offer generic grugs at cheaper price and still maintain their profitability.
There are several points why generic drugs manufacturers are able to sell drugs cheaper than the brand name companies.
Branded companies invest lot of money in research and development of any new drug.
A lot of money is also spent in getting the medicine approved by the government as safe and effective.
Once approved by the government, lot of money is spent on marketing the product through all kinds of media.
At this time a generic drug manufacturer has enough information from the studies done by the brand manufacturing company, so there is no need to spend money on research work. By claiming their drug as a bioequivalent, they don't have to spend money to put their medicine on clinical trials. Also, due to extensive marketing of the innovator brand, they just claim their product to be equivalent to it and benefit from the market value of the brand name drug.
Since generic drug manufacturers don't incur much cost in the whole process of manufacturing, they are able to sell generic drugs off at much lower cost than brand name medicines.
In online pharmacy one can get branded and generic drugs at competitive prices with discounts on popular drugs and they offer more discounts on reorders. Don't forget the time and dollars you are saving by not visiting the chemist shops or clinics. Drugs ordered through online pharmacy reach a customer's home very quickly. One good tip about choosing online pharmacy is to select one that has competitive prices, online support and live help. One of such pharmacies is RxHealthDrugs.com. Here: http://www.rxhealthdrugs.com you can find medications, drugs, herbal remedies and many usefull information you need to know.
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