Generic name, drug: The term "generic name" has several meanings as regards drugs: The chemical name of a drug. A term referring to the chemical makeup of a drug rather than to the advertised brand name under which the drug is sold. A term referring to any drug marketed under its chemical name without advertising.
Similarly, it is asked, what is the difference between a generic name and a brand name?
The generic drug manufacturer must prove that their product contains the same active ingredient(s) as the brand name product. "generics may include different inactive ingredients such as preservatives or fillers." But there may be differences between brand name and generic drugs.
What is generic and brand name drugs?
The brand name is Tylenol® and the generic name is acetaminophen. Generic drugs have the same active ingredients as brand name drugs already approved by the Food and Drug Administration (FDA). Generics only become available after the patent expires on a brand name drug.
Is generic and trade name the same?
A generic drug is a medication created to be the same as an existing approved brand-name drug in dosage form, safety, strength, route of administration, quality, and performance characteristics. A generic medicine works in the same way and provides the same clinical benefit as its brand-name version.