Generic Medicine Store vs Branded Medicine Store

Generic medicines are up to 90% cheaper than branded or patented medicines. But, is the price the only factor of difference between generic and the latter variant of medicines. Do they really differ? Generic medicine stores are cheaper because the pharmaceutical companies who are into manufacturing do not spend heavy expenses on their research and development, unlike branded medicine companies.

Generic medicines stores do not differ from the branded medicines except in their prices. Generic drugs are as good as branded as far as the quality and efficacy are concerned. The reason why our doctors do not prescribe and chemists do not consider dispensing generic medicines is that they are lower in price, so the revenue earned by everyone in the supply chain is low. But this model is not building our healthcare system better, moreover, it is preying upon people’s savings.

Generilife - "Swast Aushdhi Kendra" was established in June 2016 to fulfill the need of Quality and Affordable medicines.

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