Generic Drug Law and Legal Definition
A generic drug means a non-brand name drug that is produced and distributed without patent protection. It is generally sold using its chemical name. A generic drug has the same active ingredient, strength, and dosage form that is found in the brand-name drug.
According to the U.S. Food and Drug Administration (FDA), generic drugs are equivalent to brand name drugs with respect to pharmacokinetic and pharmacodynamic properties. A brand name drug, when it loses its patent protection, will regain its generic version. Generic drugs are cheaper than brand-name drugs.
Legal Definition list
Related Legal Terms
- Abbreviated Drug Application
- Abbreviated New Drug Applications [ANDA]
- Accidental Radiation Occurrence [Food and Drugs]
- Addictive Drug
- Adverse Drug Experience
- AIDS Drug Assistance Programs
- Animal Drug Availability Act
- Animal Drug Product [Food and Drugs]
- Animal Drug User Fee Act of 2003 [ADUFA]
- Anti-Drug Abuse Act