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In some countries, such as Brazil (photo) and France, more than 20% of all drug sales in units are generic. A generic drug is a pharmaceutical drug that contains the same chemical substance as a drug that was originally protected by chemical patents. Generic drugs are allowed for sale after the patents on the original drugs expire.
Authorized generics are prescription drugs produced by brand pharmaceutical companies and marketed under a private label, at generic prices. Authorized generics compete with generic products in that they are identical to their brand counterpart in both active and inactive ingredients; [1] whereas according to the U.S. Food and Drug Administration's Office of Generic Drugs, generic drugs are ...
[citation needed] However, products containing the substance are still OTC in most states, since no prescription is required. Plan B One-Step. A similar regulation once applied to some forms of emergency contraception. However, on February 25, 2014, the FDA approved generic one-pill emergency contraception products for unrestricted sale on the ...
Drug nomenclature is the systematic naming of drugs, especially pharmaceutical drugs.In the majority of circumstances, drugs have 3 types of names: chemical names, the most important of which is the IUPAC name; generic or nonproprietary names, the most important of which are international nonproprietary names (INNs); and trade names, which are brand names. [1]
In the countries of the UK, National Health Service (NHS) prescriptions are either free or have a fixed price per item; [39] a prescription may be issued so the patient does not have to purchase the item at commercial price. Some medical software requires a prescription. [40] Legislation may define certain equipment as "prescription devices". [41]
The average cost of a specialty drug in the US was $65,000 annually in June 2013 (about $5,416 a month). The price of Xyrem in the US has inflated by an average of 40% annually since it became available as a prescription. [67] The first authorized generic sodium oxybate, produced by Hikma Pharmaceuticals, was made available in January 2023. [63]
In the United States the formula for Paregoric U.S.P. is a tincture of opium 40 ml, anise oil 4 ml, benzoic acid 4 g, camphor 4 g, glycerin 40 ml, alcohol 450 ml, purified water 450 ml, diluted with alcohol [16] to 1000 ml, and contains the equivalent of 0.4 mg/ml of anhydrous morphine; one ounce of paregoric contains 129.6 mg (2 grains) of ...
The NHS prescription fee was increased to £9.90 for each item in England in May 2024; [6] prescriptions are free of charge if prescribed and dispensed in Scotland, [7] Wales and Northern Ireland, [8] and for some patients in England, such as inpatients, children, those over 60s or with certain medical conditions, and claimants of certain ...