When we discuss Generic vs Brand Name Drugs, the difference that is most discussed is the cost variation. The FDA provides allows filing patents for all the branded medicines that are launched in the market. A patent protects the formula of the pioneer drug; till the patent is valid the formula is exclusive. It protects the new innovative drug and prevents the manufacturing of counterpart medications. When the patent is valid, generic producers cannot produce generic medications.
However, once the patent expires, the active formula does not remain exclusive and generic medicines can easily enter the market. However, generic medications also need FDA approval for arriving in the market.
The difference between Generic vs Brand Name Drugs is not just the price but the appearance as well. Generic medications need to meet the same quality, safety, and effectiveness standards as branded medications. All the pharmaceutical components are manufactured on a large scale in countries such as China, India, etc.