Pharmaceutical companies, when designing a drug, obtain a patent so that no other company can manufacture the same drug. This patent typically lasts 17-20 years. After the patent has expired, any other company can manufacture the same drug. This is where generic drugs come in. They are the same active ingredient, dose, dosage form, route of administration, and are tested and shown to be bioequivalent. Thus, drugs that were once on patent can have a generic equivalent that is much less expensive to the consumer but work the same as the brand name drug.
A generic form of the medicine is different from the version that is trademarketed. Cialis is under patent and it is not possible to name it "generic".
A generic drug is a drug that has been developed by a pharmaceutical company and had a trade name, but has come off patent and is now available for a significantly lower price...
When a medicine is first invented, the inventing company are the only ones allowed to make it for some years - they get a patent and they sell the medicine under their name. But patents will only hold for some years, after that anyone can make the medicine, and that's when it turns into a generic.
The patent for Celebrex expires in 2013. It is expected that once Celebrex goes off-patent, several companies will begin manufacturing a generic Celebrex drug. Normally in the United States, one company is given 180 days of exclusivity to manufacture a generic version of a drug. After 180 days, other manufacturers of generic medications will likely begin making a generic form of Celebrex. No. Celecoxib is the active ingredient in Celebrex, but it is not a generic version of it. This can be confusing, because the active ingredient of any drug is often referred to as the "generic name." But the generic name is not the same as a generic version of a medicine. For there to be a generic version of a medicine, the original medicine must first go off-patent. Then another company besides the original manufacturer must start making the product.
what is the difference between license and patent
I understand Shire bought up all generic manufacturers of Pentasa generic, since tha patent expired. Is that true?
No, "patent" means that the rights to make an inventive formulation is owned by someone. Generic means that the formulation is free for anyone to make, use, sell or import without a license from any patent holders. In colloquial terms, "patent medicine" or "patent remedy" also refers to formulations or preparations that may have been marketed as "patented" but were never the subject of any official documentation. let alone exclusive rights. This relates back to "letters patent" issued for bogus medicines to those finding favor with the current king.
A patent attorney is a person who has specialized qualifications to represent clients who are obtaining patents. A patent agent is a professional, trained by the U.S . Patent Office, who prepares and files patent applications.
The Patent Medicine Danger - 1916 was released on: USA: 19 March 1916
sorry, I meant diovan
I think its to do with the patent in didcars which was the original
A name brand drug is one that the manufacturer has researched and acquired a patent for. A generic drug is one whose patent has expired and is being made by companies other than the one who earned the original patent.