Definitions from the Web
Term: Generic Drug
Definition: A generic drug is a medication that contains the same active ingredient as a brand-name drug, but is typically sold at a lower cost. It is approved by regulatory authorities after the patent protection of the original brand-name drug expires.
Examples of usage:
Part of Speech: Noun
- He decided to switch from the brand-name medication to a generic drug to save money.
- Patients often prefer purchasing generic drugs as they are more affordable.
Part of Speech: Adjective
- The pharmacy offers a wide range of generic drug options.
- The generic drug industry has been growing rapidly in recent years.
Part of Speech: Adverb
- The pharmacist explained the benefits of using generic drugs over brand-name drugs.
- The prices of medication went down significantly when the government started promoting generic drugs.
Part of Speech: Verb (Genericize)
- The pharmaceutical company decided to genericize their drug to make it more accessible to a wider population.
- After losing patent protection, the company chose to genericize the medication to maintain market share.
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