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You can report adverse reactions to drugs (generic drugs and brand name drugs) to your medical professional, to a hospital, or to the company that made the product. You can also report them to Health Canada through MedEffect Canada or by phone at 1-866-234-2345.
An active pharmaceutical ingredient (API) is the component of a drug responsible for the medication's effect. Generics are required by Health Canada to contain the same APIs as their brand-name counterparts. Inactive ingredients, such as fillers and colourants, can give a drug its colour, size and shape. Generics must contain the same active ...
For more articles on health and safety issues go to the It's Your Health web section. You can also call toll free at 1-866-225-0709 or TTY at 1-800-465-7735*. 2012 article from Health Canada and the Public Health Agency of Canada. More and more, generic drugs are being used to fill prescriptions.
Therefore, the main difference between a generic drug and a brand-name drug is the price. Generic drugs cost about 40% less on average. This is a big advantage for the customer, who benefits from a reduction on the prescription price, but also for insurance companies and governments, who have an interest in reducing drug-related costs.
May 14, 2024 · A generic drug is a medication that has exactly the same active ingredient as the brand name drug and yields the same therapeutic effect. It is the same in dosing, safety, strength, quality, the way it works, the way it is taken, and the way it should be used. Generic drugs do not need to contain the same inactive ingredients as the brand name ...
The U.S. Food and Drug Administration (FDA) evaluates every generic version of a drug. The FDA approves a generic drug if studies indicate that the original brand-name drug and the generic version are essentially bioequivalent. The FDA also makes sure that a new generic drug contains the appropriate amount of the active (drug) ingredient, that ...
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What is an authorized generic?
Generic medications are legal copies of brand-name medications. When a brand-name drug’s patent nears its expiration date, any drug manufacturer can apply to sell a generic version of the same drug. Since these generic drug manufacturers did not have to pay for the expensive drug development costs, they can sell the medication for a lower price.
