When will a generic version of Viagra/Levitra be available?

By Leonard Butler
Updated 2024-04-04 08:57:51 | Published 2019-02-10 11:51:00
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A generic version of Viagra-Levitra

Generics are medications that share an identical composition with their “original” counterparts, but are typically more affordable. If you've ever seen two seemingly identical drugs on a pharmacy shelf, with one having a less attractive package and a lower price, you've likely encountered a generic drug.

It's a common misconception that generics are somehow fake or inferior to their branded counterparts. However, this couldn't be further from the truth. Generics are legally licensed products with the same chemical composition as their brand-name equivalents, ensuring that their quality and efficacy are on par with the original drugs.

The pharmaceutical market is divided into two main categories: original medications and generics. Original drugs are typically more expensive, while generics offer a more budget-friendly alternative. Despite this, many people remain unaware of the existence and benefits of generics.

Original medications are new products developed by healthcare companies that have discovered, synthesized, and obtained a patent for the drug, usually for a period of 20 years. During this time, the company enjoys exclusive rights to produce and sell the drug, often without any direct competition.

The high cost of original drugs can be attributed to the extensive research and development expenses incurred by the company, including clinical trials to establish the drug's safety and efficacy, as well as other tests to determine its various effects. These costs are ultimately factored into the final price of the drug.

Once the patent expires, other companies are allowed to produce generic versions of the drug, leading to a more competitive market and lower prices for consumers.

The advantages of generic drugs are numerous. Since the manufacturer doesn't have to invest in the development and research of the drug, they can offer it at a significantly lower price compared to the original. This makes generics an attractive option for those looking to save on their healthcare expenses without sacrificing quality or effectiveness.

In conclusion, generics offer a cost-effective alternative to original medications, providing the same benefits and adhering to the same production standards. By understanding the true nature of generics and debunking common misconceptions, you can make more informed decisions about your healthcare choices and potentially save a significant amount of money in the process.

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