What is generic medication?
Many medical schemes insist that their members use generic medication – or if they want to use original brand names, they might have to make a co-payment. So how are these two different?
When a pharmaceutical company develops a new medicine, it’s usually only after years of laboratory research and medicine trials that it reaches the market. If it’s a new product, a patent can be granted for 20 years, prohibiting other pharmaceutical companies from “copying” the new medicine.