Frequently
Asked Questions

What are generic drugs?

A generic drug is the affordable equivalent of an already market-branded drug.

Any pharma company can launch generics in the drug market once the patent protection and market exclusivity are over.

Generic drugs use the same active ingredients as brand-name medicines and work the same way, so they have the same risks and benefits as brand-name medicines, just with affordable price tags.

Pharsight provides the expected date to launch generics in the drug summary like here for Abilify.

How long do drug patents last?

Why generic medicines are cheaper?

How do drug companies extend patents?

What is a patent thicket?

How did the orange book and the purple book get their name?

How can I launch a generic of a drug before it's patent expiration?

How generic drugs are approved?