∙ Generic medicines are commonly known as general medicine which are manufactured and distributed without any patent. (0.5 Mark)
∙ These medicines are said to be the same as an already marketed branded medicines in terms of quality, dosage, performance and characteristics. (0.5 Mark)
∙ The production cost of such medicines is comparatively low due to less expenses incurred on research and development as their formula is readily available to manufacture the necessary medicines. (0.5 Mark)
∙ Paracetamol, Amoxicillin, Aspirin are few examples of generic medicines. (0.5 Mark)