Are generics as good as brand name drugs?
The simple truth
Generic drugs are copies of brand-name drugs. They are just as safe, are equal in
quality, and much lower in cost than brand name drugs. Choosing generic drugs means
you can keep money in your pocket where it belongs while helping control the cost
of your extended health plan.
Next time you get a prescription, ask your doctor or pharmacist for the generic
Generic drugs are SAFE
Health Canada’s approval process for generic drug manufacturing is as strict as
the process for brand name drugs. In Canada, both brand-name and generic drug manufacturers
follow the same testing and quality control standards.
You can be assured that generic drugs are just as effective and safe as brand name
Generic drugs are equal in QUALITY
Generic drugs provide the same quality as their brand-name counterparts. All ingredients
in generic drugs must be approved by Health Canada and include the same active ingredient,
provide the same strength per dosage, and be administered the same way (oral, topical,
You can buy quality drugs at an affordable price.
Generic drugs are LOWER in COST
A generic prescription is about 35% of the price of the brand name equivalent in
Generic drug manufacturers do not need to invest as much money on research, development,
testing, and approval processes as brand name drug manufacturers. Also, they do
not spend millions of dollars on promotion and advertising.
Many brand name drugs have generic equivalents and each year new ones enter the
market. Ask your doctor or pharmacist for generic drugs whenever possible or if
there are any therapeutic alternatives to treat your condition.
Understanding the break down of drug prices can
help you make informed choices when buy prescription drugs.