Generic medicines are pharmaceutical products that contain the same active ingredients as their brand-name counterparts. These medications are bioequivalent in terms of safety, quality, and efficacy but are typically more affordable because they don't involve the costly research and marketing expenses associated with developing a new drug. Generic drugs must meet strict regulatory standards to ensure they are as effective and safe as their brand-name counterparts. They offer a cost-effective option for patients, healthcare systems, and insurance providers, increasing accessibility to essential treatments and reducing the financial burden of healthcare. Generic medicines play a crucial role in making healthcare more accessible and affordable for a wide range of medical conditions.
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