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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]
The first six characters of the GPI define the therapeutic class code, the next two pairs the drug name, and the last four define route, dosage or strength. For example GPI 58-20-00-60-10-01-05 is for the drug nortriptyline HCl cap 10 mg (an antidepressant) and can be further classified as follows: [1]
When a doctor or another healthcare professional prescribes a drug, the insurer informs the pharmacy of the drug’s tier. The pharmacy then charges the person the appropriate copayment. Tier 1 ...
Generic term, a common name used for a range or class of similar things not protected by trademark; Generic trademark, a brand name that has become the generic name for a product or service; Generic name (pharmaceuticals), a nonproprietary name used as an identifier for pharmaceuticals. Naming systems include: International Nonproprietary Name ...
After all, the Food and Drug Administration (FDA) says generics “are created to be the same as an already marketed brand-name drug in dosage form, safety, strength, route of administration ...
If the NDC is used in the UPC it is the most minimal form of the NDC code with 10 digits only. Because the NDC code has been linked with product barcodes in this way, the NDC code could contain ambiguities in this form. For example, 1234-5678-90, 12345-678-90, and 12345-6789-0 could all be entirely different products with the same barcode ...
For example, under a 3-tier formulary, the first tier typically includes generic drugs with the lowest cost sharing (e.g., 10% coinsurance), the second includes preferred brand-name drugs with higher cost sharing (e.g., 25%), and the third includes non-preferred brand-name drugs with the highest cost-sharing (e.g., 40%). [7]
We compared the prices of popular brand name foods with their generic counterpart to identify the exact cost trade-off of choosing name over value. Price face-off: Generic vs. brand name products ...