Why are branded drugs more expensive than generic drugs?
Generic drugs are less pricey as the makers of generic medicines do not owe the investment costs like that the new drug makers have. New medicines are made under the exclusive rights. The copyright shields the investment together with research, expansion, advertising, and marketing-- by providing the company the exclusive rights to sell the medicine while it is in effect. When the copyrights are about to expire the makers could apply the FDA to put up the generic medicines for sale... Read more
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