Why Same Generic Drugs Are Cheaper Than Patent Brand
Same drug, different price. This is what is obtainable in the pharmaceutical industry. Fortunately, not only in the pharmaceutical industry alone. We see this in other sectors like electronics. What I am saying is that the same quantity and strength of paracetamol tablets from one company may have different prices from another. Let me illustrate. Emzor paracetamol sachet containing 500mg of 12 tablets cost less than GSK paracetamol called panadol with the same strength but 10 tablets. The difference in price is much. Read Also: Generic drug Vs brand drugs There is even a greater delima. Same drug from the same company may come with different prices. Let me clear the air. GSK paracetamol called panadol cost way less than another GSK paracetamol called panadol advance of the same strength and quantity. Generic drug Vs brand drug I said it is common in the electronic world too. Let me explain. Same television size from LG electronics may be far higher than that from Hisense. The rea...
