Last updated on October 7th, 2024 at 05:11 pm
The availability of generic medications depends on a variety of factors, including the patent status of the original branded medication and the regulatory approval process for generic drugs.
When a new medication is developed, the company that developed the drug is granted a patent. This gives the company exclusive rights to sell the drug for a certain period of time. Once the patent expires, other companies can start selling generic versions of the drug. However, it can take time for generic versions of a medication to become available, as the generic drug company must go through a regulatory approval process before they can start selling the generic version of the drug.
In some cases, the branded medication may not have a patent that has expired, or there may be legal or regulatory barriers to the development of a generic version of the drug. In these cases, a generic version of the medication may not be available.
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