$216.94 Billion Generic Pharmaceutical Market Forecasts To 2022

PR Newswire is a press release distribution service. On Nov 26, 2019, it released an article on the Generic Pharmaceuticals Global Market, sourced from TBRC`S Generic Pharmaceuticals Global Market Report. A generic medicine is a medication designed to be identical to branded drugs marketed by private companies in dosage form, strength, safety, route of administration, performance characteristics, quality, and intended use. Generic drugs work in the same way as branded drugs in terms of clinical benefits. Generic drugs are manufactured after the expiration of the exclusive rights or patent of the branded drugs. For example, some of the generic drugs in the generic pharmaceuticals market include metformin, metoprolol, acarbose, acebutolol, aztreonam and many more