Generic and Brand Name Drugs: Understanding the Basics

| August 3, 2016

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A brand name drug is a medicine that’s discovered, developed and marketed by a pharmaceutical company. Once a new drug is discovered, the company files for a patent to protect against other companies making copies and selling the drug. At this point the drug has two names: a generic name that’s the drug’s common scientific name and a brand name to make it stand out in the marketplace. This is true of prescription drugs as well as over-the-counter drugs. An example is the pain reliever Tylenol®. The brand name is Tylenol® and the generic name is acetaminophen.

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Bal Pharma Limited, USD 30million company specializes in API, Intermediates and Finished Formulations. Having operations in more than 60 countries, the company possesses cGMP & has 4 state-of-the-art manufacturing facilities approved by various regulatory bodies.

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Bal Pharma Limited

Bal Pharma Limited, USD 30million company specializes in API, Intermediates and Finished Formulations. Having operations in more than 60 countries, the company possesses cGMP & has 4 state-of-the-art manufacturing facilities approved by various regulatory bodies.

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