Why are Generic Versions Cheaper Than Brand-Name Drugs?

Developing new drugs is a very lengthy and expensive process. Estimates have ranged from $1 billion to as high as $2.8 billion for a single drug before any revenue from sales. The process can take as long as ten years, including clinical trials, which alone take six to seven years on average. Also, there is […]

Same drug, different name?

Why are some drugs called different names in different countries? Is it the same drug but a different name or is it a different drug? Are the drug companies deliberately trying to confuse us? Here’s a brief explanation from Saul.  Prescription drugs on the market are given a proprietary trade name in order to brand […]