Generic drugs can save patients and insurance companies substantial costs. The principal reason for the relatively low price of generic medicines is that competition increases among producers when drugs no longer are protected by patents. Companies incur fewer costs in creating the generic drug, and are therefore able to maintain profitability at a lower cost to consumers. The costs of these generic drugs are so low that many developing countries can easily afford them. For example Thailand is going to import millions of doses of the generic version of Plavix, a blood-thinning treatment to prevent heart attacks, at a cost of 3 US cents per dose from India, the leading manufacturer of generic drugs.
Generic manufacturers do not incur the cost of drug discovery, and instead are able to reverse-engineer known drug compounds to allow them to manufacture bioequivalent versions. Generic manufacturers also do not bear the burden of proving the safety and efficacy of the drugs through clinical trials, since these trials have already been conducted by the brand name company. (See the Approval and regulation section, below, for more information about the approval process.) It has been estimated that the average cost to brand-name drug companies of discovering and testing a new innovative drug (with a new chemical entity) may be as much as $800 million.
Generic drug companies may also receive the benefit of the previous marketing efforts of the brand-name drug company, including media advertising, presentations by drug representatives, and distribution of free samples. Many of the drugs introduced by generic manufacturers have already been on the market for a decade or more, and may already be well-known to patients and providers (although often under their branded name).
Prior to the expiration of a drug patent, a brand name company enjoys a period of “market exclusivity” or monopoly, in which the company is able to set the price of the drug at the level which maximizes profitability. This price often greatly exceeds the production costs of the drug, which can enable the drug company to make a significant profit on their investment in research and development. Thus enabling them to fund the research and development of new medicines which most generic companies cannot afford to do. The advantage of generic drugs to consumers comes in the introduction of competition, which prevents any single company from dictating the overall market price of the drug. Competition is also seen between generic and name-brand drugs with similar therapeutic uses when physicians or health plans adopt policies of preferentially prescribing generic drugs as in step therapy. With multiple firms producing the generic version of a drug the profit-maximizing price generally falls to the ongoing cost of producing the drug, which is usually much lower than the monopoly price.
The FDA gives a list of 10 non-proprietery drug names (non IUPAC) for the developing drug company to choose from and 10 brand names for the company to choose from.Citation Needed. It is in the best interest of the company to choose a brand name that is easy to remember and a non-propietery drug name which is difficult to remember. (eg. 7-chloro-1-methyl-5-phenyl-1,3-dihydro-2H-1,4-benzodiazepin-2-one has a brand name of Valium, and a non-proprietery name of diazepam)
The whole process is private and discrete, allowing for the privacy minded individual to keep his business
To himself without family or colleagues to realize his personal medical (generic drugs) needs or habits.
Our site takes extreme care to protect the loss, or misuse of information under our control.
All medical and financial transactions occur over encrypted communication channels utilzing a 128-bit SSL certificate.
As an Online Pharmacy we strictly observe legal requirements in both our and your country. however, we recommed that you check the exportation rules of your country to verify the option of ordering online pharmaceuticals from an offshore company, in any case your order will be 100% discreet and will not reveal its content.
Information provided on this site is for informational purposes only and is not a substitute for professional medical care. You should not use this information for diagnosing or treating a health problem or disease or prescribing any medication.
All information entered by you at our website or handed to our personnel will be kept discreet and safely kept under strict rules of privacy and will not remain online once your order was fullfilled, we hold our patients records on an offline server which is not connected to the web in order to prevent any hack attempts.
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The whole process is private and discrete, allowing for the privacy minded individual to keep his business.
To himself without family or colleagues to realize his personal medical (generic drugs) needs or habits.
Our site takes extreme care to protect the loss, or misuse of information under our control.
All medical and financial transactions occur over encrypted communication channels utilzing a 128-bit SSL certificate.
The Generic Pharmaceutical Association (GPhA) represents the manufacturers and distributors of finished generic pharmaceutical products, manufacturers and distributors of bulk active pharmaceutical chemicals, and suppliers of other goods and services to the generic pharmaceutical industry.
GPhA members manufacture the vast majority of all affordable pharmaceuticals dispensed in the United States. Our products are used in nearly two billion prescriptions every year.
GPhA’s core purpose is to improve the lives of consumers by providing timely access to affordable pharmaceuticals. Toward this end, GPhA advances the interests of our members through initiatives in the scientific, regulatory, federal and state forums and in the public affairs arena.
The EGA is the official representative body of the European generic and biosimilar pharmaceutical industry, which is at the forefront of providing high-quality affordable medicines to millions of Europeans and stimulating competitiveness and innovation in the pharmaceutical sector.
Formed in 1993, the EGA represents generic pharmaceuticals companies and their subsidiaries from throughout Europe, either directly or through national associations. Companies represented within the EGA provide over 120,000 jobs in Europe. Cost-effective generic medicines save EU patients and healthcare systems over €25 billion each year, thus helping to ensure patient access to essential medicines and providing urgently needed budget headroom for the purchase of new and innovative treatments.
The EGA plays an important consultative role in European healthcare policy-making. The EGA and its members work with the European national governments and the EU institutions to develop affordable solutions for pharmaceutical care and to increase Europe’s competitive strength in the global pharmaceutical medicines market.
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The whole process is private and discrete, allowing for the privacy minded individual to keep his business
To himself without family or colleagues to realize his personal medical (Generic drugs) needs or habits.
Our site takes extreme care to protect the loss, or misuse of information under our control.
All medical and financial transactions occur over encrypted communication channels utilzing a 128-bit SSL certificate.
Are the drugs that Best generic pharmacy sell safe?
Our products are made by overseas pharmaceutical manufacturers (Indian pharmaceuticals manufacturers) in state-of-the-art manufacturing facilities.
These are the very companies that manufacture (and export ) the drug that goes in to the making of the world’s
Best-selling brands in US and Europe.
In the new global economy, manufacturing is increasingly being outsourced to overseas facilities of parent companies or third-party suppliers.
Naturally any new advances in manufacturing technology are invested in to these overseas facilities, rather than in to the company’s little-used factories in US and Europe.
Our drugs are manufactured in state-of-the-art facilities that fully comply with the Good Manufacturing Practices (GMP) stipulations laid down by the approved by Indian authorities and US FDA.
PharmaExpressRX is an international pharmacy referral service based in Switzerland. Our primary objective is to help consumers save money on brand name prescription medications, and to provide them with practical and objective health information. Our online service is setup to facilitate fast and easy order placement from the convenience of your home.
The brands we offer are manufactured in facilities that have been approved by all of the following regulatory authorities:
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Food and Drug Administration (FDA), USA
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Medicines Control Agency (MCA), UK
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Therapeutic Goods Administration (TGA), Australia
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Medicines Control Council (MCC), South Africa
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National Institute of Pharmacy (NIP), Hungary
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Pharmaceutical Inspection Convention (PIC), Germany
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World Health Organization (WHO)
We ensure your prescription order to be handled with utmost care and professionalism, there by helping you save money on every order.
Our Commitment to Quality:
Quality of products and service are equally important to us. We get our products from the most reputable and renowned companies in the Asian pharmaceutical industry adhering to western quality standards and leading in research & quality. E.g., companies we buy from are Ranbaxy, Cipla, Cadila, SunPharma, Ajanta etc.
Our service is focused on customer satisfaction. We have the lowest prices you will ever find on the net and we offer a full refund policy.
If you have any comments, questions or suggestions, please don’t hesitate to email us. Please note that we do not give personalized medical advice; a reliable medical consultation can only be provided by an ‘offline’ doctor.
